BLUE FOUNDRY BANCORP (BLFY) Technical Analysis
NASDAQ:BLFY • US09549B1044
Current stock price
BLFY Technical Rating and Analysis
Taking everything into account, BLFY scores 4 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month BLFY has a been trading in the 12.28 - 14.48 range, which is quite wide. It is currently trading near the lows of this range.
- BLFY is one of the better performing stocks in the Banks industry, it outperforms 86% of 381 stocks in the same industry.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the yearly performance of all stocks, we notice that BLFY is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- BLFY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BLFY is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
BLFY Weekly and Daily overview Charts
BLFY Setup Rating and Analysis
BLFY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 12.61, a Stop Loss order could be placed below this zone.
More info and screens
BLFY Support and Resistance Analysis
12.30
When analyzing the support we notice one important area.
- A support zone ranging from 12.42 to 12.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 14.38 to 14.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
BLFY Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for BLFY is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLFY is down. |
| ChartMill Relative Strength | 81.14 | POSITIVE | BLFY has a high relative strength, it outperformed 81.14% 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) | UP | POSITIVE | The current price of BLFY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.65 | NEUTRAL | The RSI value for BLFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests BLFY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.09 | OVERSOLD | The low Stochastics value suggests BLFY may be oversold. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for BLFY suggests some volalility. |
| Average Directional Index/ADX (14) | 27.91 | POSITIVE | The high ADX value value for BLFY suggests a strong trend. |
BLFY Chart- and CandleStick Pattern Analysis
BLFY Technicals: Chart, Performance Metrics, Trend & Indicators
12.62
+0.19 (+1.53%)
BLUE FOUNDRY BANCORP / BLFY TA FAQ
Can you provide the ChartMill technical rating for BLUE FOUNDRY BANCORP?
ChartMill assigns a technical rating of 4 / 10 to BLFY.
What is the trend direction for BLFY stock?
The current trend direction for BLUE FOUNDRY BANCORP (BLFY) is Bullish.
What is the RSI signal for BLFY stock?
BLUE FOUNDRY BANCORP (BLFY) has an RSI value of 38.6468. This indicates that the stock is currently neutral.
What is the MACD signal for BLFY stock?
The MACD indicator for BLUE FOUNDRY BANCORP (BLFY) has a value of -0.0913705, indicating a bearish trend.
What is the buy/sell signal for BLUE FOUNDRY BANCORP (BLFY) stock?
The buy/sell signal for BLUE FOUNDRY BANCORP (BLFY) is hold as the short term and long term trends are mixed.