Bryn Mawr Bank Corporation (BMTC) Technical Analysis
NASDAQ:BMTC
Current stock price
45.01
-0.72 (-1.57%)
At close:
45.01
0 (0%)
After Hours:
BMTC Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to BMTC. In the last year, BMTC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- BMTC is one of the better performing stocks in the Banks industry, it outperforms 92% of 381 stocks in the same industry.
- BMTC 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 BMTC is performing more or less in line with the market.
- In the last month BMTC has a been trading in the 41.92 - 47.01 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that BMTC is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- Volume is considerably higher in the last couple of days.
BMTC Weekly and Daily overview Charts
BMTC Setup Rating and Analysis
BMTC 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. There is a support zone below the current price at 43.39, a Stop Loss order could be placed below this zone.
More info and screens
BMTC Support and Resistance Analysis
37.89
50.54
When analyzing the support we can see 2 important areas.
- A support zone ranging from 42.96 to 43.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.27 to 39.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 45.07 to 46.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 49.18 to 50.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
BMTC 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 BMTC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BMTC is neutral. |
| ChartMill Relative Strength | 85.38 | POSITIVE | BMTC has a high relative strength, it outperformed 85.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BMTC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BMTC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BMTC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.58 | NEUTRAL | The RSI value for BMTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests BMTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.19 | NEUTRAL | The Stochastics value for BMTC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for BMTC suggests some volalility. |
BMTC Chart- and CandleStick Pattern Analysis
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)
BMTC Technicals: Chart, Performance Metrics, Trend & Indicators
45.01
-0.72 (-1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.57%
1 Week-0.92%
2 Weeks4.41%
1 Month-0.66%
3 Month-3.89%
6 Month8.85%
12 Month47.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.34
ATR(20)%2.94%
ATR Inc-11.58%
Range Today1.29
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.38
3 months CRSN/A
6 months CRSN/A
Mansfield-0.59
10 Day High47.01
10 Day Low41.92
20 Day High47.01
20 Day Low41.92
52 Week High50.29
52 Week Low29.83
CS1 End43.39
CR1 Start45.07
Volume & EV
DER(3)-4.16%
DER(5)-1.21%
Volume924.70K
Volume Incr137.05%
Vol(5)216.90K
Vol(50)88.93K
Bryn Mawr Bank Corporation / BMTC TA FAQ
What is the technical rating for BMTC stock?
ChartMill assigns a technical rating of 3 / 10 to BMTC.
What is the trend direction for BMTC stock?
The current trend direction for Bryn Mawr Bank Corporation (BMTC) is Bearish.
What is the RSI signal for BMTC stock?
Bryn Mawr Bank Corporation (BMTC) has an RSI value of 47.5771. This indicates that the stock is currently neutral.
What is the MACD signal for Bryn Mawr Bank Corporation (BMTC) stock?
The MACD indicator for Bryn Mawr Bank Corporation (BMTC) has a value of 0.295456, indicating a bearish trend.