Bsb Bancorp Inc. (BLMT) Stock Technical Analysis
NASDAQ:BLMT - Nasdaq -
We assign a technical rating of 3 out of 10 to BLMT. In the last year, BLMT was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that BLMT is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BLMT 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 BLMT is lagging the market slightly.
In the last month BLMT has a been trading in the 31.44 - 35.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
BLMT has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
27.16
36.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 31.67 to 31.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.43 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @34.76 from a trend line in the daily time frame.
- A resistance zone ranging from 35.52 to 35.96. 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 | NEUTRAL | NEUTRAL | The long term trend for BLMT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLMT is down. |
| ChartMill Relative Strength | 74.39 | POSITIVE | BLMT has a high relative strength, it outperformed 74.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BLMT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BLMT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.52 | NEUTRAL | The RSI value for BLMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests BLMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.25 | NEUTRAL | The Stochastics value for BLMT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for BLMT suggests some volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
32.84
-0.27 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.82%
1 Week3.56%
2 Weeks-5.22%
1 Month-7.65%
3 Month18.21%
6 Month0.74%
12 Month7.32%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%2.13%
ATR Inc21.33%
Range Today0.86
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.39
Mansfield-0.16
10 Day High35.27
10 Day Low31.44
20 Day High35.78
20 Day Low31.44
52 Week High36.5
52 Week Low26.64
CS1 End31.99
CR1 Start34.76
Volume & EV
DER(3)7.81%
DER(5)7.85%
Volume1.70M
Volume Incr452.21%
Vol(5)374.84K
Vol(50)108.62K