BANK OF MARIN BANCORP/CA (BMRC) Stock Technical Analysis
NASDAQ:BMRC - Nasdaq - US0634251021 - Common Stock - Currency: USD
Overall BMRC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BMRC has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BMRC did better than 85% of all other stocks.
BMRC is one of the better performing stocks in the Banks industry, it outperforms 85% of 397 stocks in the same industry.
BMRC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BMRC is lagging the market slightly.
In the last month BMRC has a been trading in the 21.21 - 26.01 range, which is quite wide. It is currently trading near the high of this range.
Although BMRC has an excellent technical rating, the quality of the presented setup is not ideal 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
19.07
25.58
We found 5 important support areas.
- A support zone ranging from 25.32 to 25.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.37 to 21.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.95 from a horizontal line in the daily time frame.
- Support @19.69 from a horizontal line in the weekly time frame.
- Support @19.26 from a horizontal line in the daily time frame.
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 | 85.83 | POSITIVE | BMRC has a high relative strength, it outperformed 85.83% 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) | 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) | 69.16 | NEUTRAL | The RSI value for BMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests BMRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.14 | OVERBOUGHT | The high Stochastics value suggests BMRC may be overbought. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for BMRC suggests some volalility. |
| Average Directional Index/ADX (14) | 50.84 | 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)
25.33
-0.5 (-1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.94%
1 Week-1.44%
2 Weeks11.59%
1 Month10.76%
3 Month27.61%
6 Month13.54%
12 Month33.53%
2 Year20.73%
3 Year-22.59%
5 Year-19.36%
10 Year4.09%
15 Year43.72%
Volatility
ATR(14)0.66
ATR(20)%3.08%
ATR Inc-15.59%
Range Today0.43
ADR(20)0.75
ADR(20)%2.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.83
Mansfield0.5
10 Day High26.01
10 Day Low22.48
20 Day High26.01
20 Day Low21.21
52 Week High27.11
52 Week Low16.97
CS1 End25.32
CR1 StartN/A
Volume & EV
DER(3)-1.68%
DER(5)-0.73%
Volume70.10K
Volume Incr-46.5%
Vol(5)76.22K
Vol(50)108.91K