BANK OF MARIN BANCORP/CA (BMRC) Technical Analysis
NASDAQ:BMRC • US0634251021
Current stock price
BMRC Technical Rating and Analysis
Taking everything into account, BMRC scores 5 out of 10 in our technical rating. In the past year, BMRC was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, BMRC did better than 73% of all other stocks.
- BMRC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BMRC is performing more or less in line with the market.
- In the last month BMRC has a been trading in the 23.35 - 26.34 range, which is quite wide. It is currently trading near the high of this range.
- BMRC is an average performer in the Banks industry, it outperforms 49% of 380 stocks in the same industry.
BMRC Weekly and Daily overview Charts
BMRC Setup Rating and Analysis
BMRC has an average technical rating and it also does not offer a high quality setup 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
BMRC Support and Resistance Analysis
23.34
When analyzing the support we can see 3 important areas.
- A support zone ranging from 25.47 to 25.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.31 from a trend line in the weekly time frame.
- A support zone ranging from 23.58 to 23.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important 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.
BMRC 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 | NEUTRAL | NEUTRAL | The long term trend for BMRC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BMRC is up. |
| ChartMill Relative Strength | 73.06 | POSITIVE | BMRC has a high relative strength, it outperformed 73.06% off all stocks 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) | DOWN | MIXED | The current price of BMRC is above a declining 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) | 63.49 | NEUTRAL | The RSI value for BMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests BMRC has a positive trend. |
| Stochastics (14,3) | 92.73 | OVERBOUGHT | The high Stochastics value suggests BMRC may be overbought. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for BMRC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.8 | NEGATIVE | The low ADX value for BMRC suggests a weak or negative trend. |
BMRC Chart- and CandleStick Pattern Analysis
BMRC Technicals: Chart, Performance Metrics, Trend & Indicators
26.22
+0.38 (+1.47%)
BANK OF MARIN BANCORP/CA / BMRC TA FAQ
What is the ChartMill technical rating of BANK OF MARIN BANCORP/CA (BMRC) stock?
ChartMill assigns a technical rating of 5 / 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 Bearish.
Can you provide the RSI signal for BANK OF MARIN BANCORP/CA?
BANK OF MARIN BANCORP/CA (BMRC) has an RSI value of 63.4927. This indicates that the stock is currently neutral.
What is the MACD signal for BMRC stock?
The MACD indicator for BANK OF MARIN BANCORP/CA (BMRC) has a value of 0.267695, indicating a bearish trend.
What is the short term momentum for BMRC stock?
The short term momentum for BANK OF MARIN BANCORP/CA (BMRC) is positive.