BLUE FOUNDRY BANCORP (BLFY) Stock Technical Analysis
USA - NASDAQ:BLFY - US09549B1044 - Common Stock
We assign a technical rating of 0 out of 10 to BLFY. BLFY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BLFY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.43, a Stop Loss order could be placed below this zone.
More info and screens
8.30
When analyzing the support we notice one important area.
- A support zone ranging from 8.38 to 8.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 8.60 to 8.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.06 to 9.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.50 to 9.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.69 from a horizontal line in the daily time frame.
- A resistance zone ranging from 9.95 to 10.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BLFY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLFY is down. |
| ChartMill Relative Strength | 21.32 | NEGATIVE | BLFY has a low relative strength, it was outperformed by 78.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLFY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLFY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLFY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.18 | NEUTRAL | The RSI value for BLFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BLFY has a negative trend. |
| Stochastics (14,3) | 17.26 | OVERSOLD | The low Stochastics value suggests BLFY may be oversold. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for BLFY suggests some volalility. |
| Average Directional Index/ADX (14) | 19.84 | NEGATIVE | The low ADX value for BLFY suggests a weak or negative trend. |
8.45
-0.11 (-1.29%)
BLUE FOUNDRY BANCORP / BLFY FAQ
Can you provide the ChartMill technical rating for BLUE FOUNDRY BANCORP?
ChartMill assigns a technical rating of 0 / 10 to BLFY.
What is the current trend direction of BLUE FOUNDRY BANCORP (BLFY) stock?
The current trend direction for BLUE FOUNDRY BANCORP (BLFY) is Bearish.
What is the RSI signal for BLFY stock?
BLUE FOUNDRY BANCORP (BLFY) has an RSI value of 40.1791. This indicates that the stock is currently neutral.
What is the MACD signal for BLUE FOUNDRY BANCORP (BLFY) stock?
The MACD indicator for BLUE FOUNDRY BANCORP (BLFY) has a value of -0.00763303, indicating a bearish trend.
Can you provide the short term momentum for BLUE FOUNDRY BANCORP?
The short term momentum for BLUE FOUNDRY BANCORP (BLFY) is negative.