Taking everything into account, BMRC scores 7 out of 10 in our technical rating. Although BMRC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- BMRC is part of the Banks industry. There are 383 other stocks in this industry, of which 68% are performing better than BMRC.
- The long and short term trends are both positive. This is looking good!
- BMRC is currently trading in the upper part of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So BMRC is doing quite good in this market.
- When comparing the performance of all stocks over the past year, BMRC turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- In the last month BMRC has a been trading in the 25.51 - 28.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BMRC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 27.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.19, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.49
We found 3 important support areas.
- A support zone ranging from 25.60 to 27.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.32 to 24.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.69 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 27.91 to 27.95. 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 | UP | POSITIVE | The long term trend for BMRC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BMRC is up. |
| ChartMill Relative Strength | 57.22 | NEUTRAL | BMRC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BMRC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BMRC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BMRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.79 | NEUTRAL | The RSI value for BMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BMRC has a positive trend. |
| Stochastics (14,3) | 53.68 | NEUTRAL | The Stochastics value for BMRC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for BMRC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.05 | NEGATIVE | The low ADX value for BMRC suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.96 | 25.98 | 1.98 (7.08%) | 14.12% |
| An entry @27.96. This is a Buy Stop order right above the resistance zone. | An exit @25.98. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.98 points, which is 7.08%. | When investing 14.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
27.41
+0.56 (+2.09%)
BANK OF MARIN BANCORP/CA / BMRC FAQ
What is the ChartMill technical rating of BANK OF MARIN BANCORP/CA (BMRC) stock?
ChartMill assigns a technical rating of 7 / 10 to BMRC.
What is the current trend direction of BANK OF MARIN BANCORP/CA (BMRC) stock?
The current trend direction for BANK OF MARIN BANCORP/CA (BMRC) is Bullish.
What is the RSI signal for BANK OF MARIN BANCORP/CA (BMRC) stock?
BANK OF MARIN BANCORP/CA (BMRC) has an RSI value of 55.7933. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for BANK OF MARIN BANCORP/CA?
The buy/sell signal for BANK OF MARIN BANCORP/CA (BMRC) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for BANK OF MARIN BANCORP/CA?
BANK OF MARIN BANCORP/CA (BMRC) has a support level at 27.19 and a resistance level at 27.91. Check the full technical report for our detailed analysis of BMRC support and resistance levels.