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 4 out of 10 in our technical rating. BMRC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- 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.
- 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 60% of all stocks.
- BMRC is an average performer in the Banks industry, it outperforms 42% of 376 stocks in the same industry.
- In the last month BMRC has a been trading in the 24.33 - 27.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BMRC Weekly and Daily overview Charts
BMRC Setup Rating and Analysis
BMRC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. 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
BMRC Support and Resistance Analysis
23.34
We found 2 important support areas.
- Support @24.52 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 | UP | POSITIVE | The long term trend for BMRC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BMRC is neutral. |
| ChartMill Relative Strength | 60.35 | NEUTRAL | BMRC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BMRC is below 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) | 49.12 | NEUTRAL | The RSI value for BMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BMRC has a negative trend. |
| Stochastics (14,3) | 46.97 | 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) | 19.3 | 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
25.89
-0.5 (-1.89%)
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 4 / 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.
Can you provide the RSI signal for BANK OF MARIN BANCORP/CA?
BANK OF MARIN BANCORP/CA (BMRC) has an RSI value of 49.1239. 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 -0.0210248, 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 neutral.