Bryn Mawr Bank Corporation (BMTC) Technical Analysis
NASDAQ:BMTC
Current stock price
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 part of the Banks industry. There are 380 other stocks in this industry. BMTC outperforms 92% of them.
- 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.
- Looking at the yearly performance, BMTC did better than 85% of all other 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. Prices have been consolidating lately and the volatility has been reduced. 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
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.
We can see 2 important resistance 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
BMTC Technicals: Chart, Performance Metrics, Trend & Indicators
45.01
-0.72 (-1.57%)
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 Bryn Mawr Bank Corporation (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 short term momentum for BMTC stock?
The short term momentum for Bryn Mawr Bank Corporation (BMTC) is neutral.
What are the support and resistance levels for Bryn Mawr Bank Corporation (BMTC) stock?
Bryn Mawr Bank Corporation (BMTC) has a support level at 43.39 and a resistance level at 45.07. Check the full technical report for our detailed analysis of BMTC support and resistance levels.