Bryn Mawr Bank Corporation (BMTC) Stock Technical Analysis
USA - NASDAQ:BMTC - Common Stock
Taking everything into account, BMTC scores 4 out of 10 in our technical rating. 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.
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.
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37.89
2 important support areas can be observed.
- 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.
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. |
45.01
-0.72 (-1.57%)
Bryn Mawr Bank Corporation / BMTC FAQ
What is the technical rating for BMTC stock?
ChartMill assigns a technical rating of 3 / 10 to BMTC.
What is the current trend direction of Bryn Mawr Bank Corporation (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.
Can you provide the short term momentum for Bryn Mawr Bank Corporation?
The short term momentum for Bryn Mawr Bank Corporation (BMTC) is neutral.
Can you provide the support and resistance levels for Bryn Mawr Bank Corporation?
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.