LYXOR EURSTX600 BANKS (BNK.PA)       18.285  -0.02 (-0.13%)

18.285  -0.02 (-0.13%)

LU1834983477 - ETF

Technical Rating

Overall BNK gets a technical rating of 0 out of 10. BNK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.



BNK is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so BNK is still doing slightly better than the market.
In the last month BNK has a been trading in the 17.46 - 19.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BNK is a bad performer in the overall market: 70% of all stocks are doing better.

Statistics

1 Month 3 Months 6 Months 12 Months -2.57% -15.61% -7.69% -1.67% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 30.94 15.7 - 22.97
BNK Weekly chart
BNK Daily chart

Support/Resistance Analysis


16.65

19.97
When analyzing the support we can see 3 important areas.
  • A support zone ranging from 18.03 to 18.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 17.47 to 17.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 16.82 to 17.07. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
  • A resistance zone ranging from 18.44 to 18.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @19.25 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 19.77 to 19.77. This zone is formed by a combination of multiple trend lines in the daily time frame.

Setup Analysis

Setup Rating

BNK has a bad 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 resistance zone just above the current price starting at 18.44. Right above this resistance zone may be a good entry point.


BNK Daily chart

LYXOR EURSTX600 BANKS18.285

EPA:BNK (5/16/2022, 7:00:00 PM)-0.02 (-0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A
Performance
Today -0.13% 1 Week 4.73%
2 Weeks -1.64% 1 Month -2.57%
3 Month -15.61% 6 Month -7.69%
Volatility
ATR(14) 0.5 ATR(20)% 2.55%
ATR Inc -35.88% Range Today 0.21
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 30.94 Mansfield 0.49
10 Day High 18.89 10 Day Low 17.46
20 Day High 19.67 20 Day Low 17.46
52 Week High 22.97 52 Week Low 15.7
CS1 End 18.05 CR1 Start 18.44
Volume & EV
DER(3) 0% DER(5) 0%
Volume 148.36K Volume Incr -32.99%
Vol(5) 70.39K Vol(50) 195.80K

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