Taking everything into account, BMTC scores 4 out of 10 in our technical rating. BMTC was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
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.
37.89
2 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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%)
ChartMill assigns a technical rating of 3 / 10 to BMTC.
The current trend direction for Bryn Mawr Bank Corporation (BMTC) is Bearish.
Bryn Mawr Bank Corporation (BMTC) has an RSI value of 47.5771. This indicates that the stock is currently neutral.
The short term momentum for Bryn Mawr Bank Corporation (BMTC) is neutral.
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.