BANK OF MARIN BANCORP/CA (BMRC) Stock Technical Analysis
USA - NASDAQ:BMRC - US0634251021 - Common Stock
24.12 USD
-0.16 (-0.66%)
24.12 USD
0 (0%)
Overall BMRC gets a technical rating of 3 out of 10. BMRC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month BMRC has a been trading in the 23.70 - 25.50 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, BMRC outperforms 59% of them, which is more or less in line with the market.
BMRC is part of the Banks industry. There are 392 other stocks in this industry, BMRC did better than 63% of them.
BMRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BMRC is lagging the market.
Although the technical rating is bad, BMRC does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
19.49
26.84
6 important support areas can be observed.
- A support zone ranging from 23.85 to 24.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.94 to 22.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.23 from a horizontal line in the weekly time frame.
- Support @21.87 from a horizontal line in the daily time frame.
- Support @21.32 from a horizontal line in the daily time frame.
- Support @19.69 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @24.14 from a horizontal line in the daily time frame.
- A resistance zone ranging from 25.27 to 25.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 25.93 to 26.57. 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 | DOWN | NEGATIVE | The short term trend for BMRC is down. |
| ChartMill Relative Strength | 59.8 | NEUTRAL | BMRC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BMRC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BMRC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BMRC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.1 | NEUTRAL | The RSI value for BMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests BMRC has a negative trend. |
| Stochastics (14,3) | 20.31 | NEUTRAL | The Stochastics value for BMRC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for BMRC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.92 | POSITIVE | The high ADX value value for BMRC suggests a strong trend. |
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)
24.12
-0.16 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.66%
1 Week-1.47%
2 Weeks-1.47%
1 Month-0.08%
3 Month-6.15%
6 Month20.42%
12 Month19.7%
2 Year43.57%
3 Year-33.19%
5 Year-19.97%
10 Year-9.29%
15 Year44.82%
Volatility
ATR(14)0.59
ATR(20)%2.37%
ATR Inc23.01%
Range Today0.53
ADR(20)0.55
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.8
Mansfield-0.71
10 Day High25.5
10 Day Low23.7
20 Day High25.5
20 Day Low23.7
52 Week High27.11
52 Week Low19.14
CS1 End24.11
CR1 Start24.14
Volume & EV
DER(3)0.77%
DER(5)-0.51%
Volume60.60K
Volume Incr-3.1%
Vol(5)72.44K
Vol(50)89.08K