Bryn Mawr Bank Corporation (BMTC) Stock Technical Analysis
NASDAQ:BMTC - Nasdaq - Common Stock
Overall BMTC gets a technical rating of 4 out of 10. 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 394 other stocks in this industry. BMTC outperforms 90% of them.
BMTC 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 BMTC is lagging the market slightly.
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.
Although the technical rating is only medium, BMTC does present a nice setup opportunity. 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
37.89
50.54
We found 2 important support 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.
2 important resistance areas can be observed.
- 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.
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. |
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)
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
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