PRINCETON BANCORP INC (BPRN) Stock Technical Analysis
USA - NASDAQ:BPRN - US74179A1079 - Common Stock
We assign a technical rating of 2 out of 10 to BPRN. BPRN'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.
Although the technical rating is bad, BPRN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 31.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.65, a Stop Loss order could be placed below this zone.
More info and screens
29.06
2 important support areas can be observed.
- A support zone ranging from 29.91 to 30.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @29.35 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 31.35 to 31.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.85 to 34.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 34.85 to 34.85. 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 BPRN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BPRN is neutral. |
| ChartMill Relative Strength | 24.98 | NEGATIVE | BPRN has a low relative strength, it was outperformed by 75.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BPRN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BPRN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BPRN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.92 | NEUTRAL | The RSI value for BPRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests BPRN has a positive trend. |
| Stochastics (14,3) | 60.33 | NEUTRAL | The Stochastics value for BPRN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for BPRN suggests some volalility. |
| Average Directional Index/ADX (14) | 14.41 | NEGATIVE | The low ADX value for BPRN suggests a weak or negative trend. |
31.16
+0.57 (+1.86%)
PRINCETON BANCORP INC / BPRN FAQ
What is the ChartMill technical rating of PRINCETON BANCORP INC (BPRN) stock?
ChartMill assigns a technical rating of 2 / 10 to BPRN.
What is the trend direction for BPRN stock?
The current trend direction for PRINCETON BANCORP INC (BPRN) is Bearish.
Can you provide the RSI signal for PRINCETON BANCORP INC?
PRINCETON BANCORP INC (BPRN) has an RSI value of 51.9167. This indicates that the stock is currently neutral.
What are the support and resistance levels for PRINCETON BANCORP INC (BPRN) stock?
PRINCETON BANCORP INC (BPRN) has a support level at 30.65 and a resistance level at 31.35. Check the full technical report for our detailed analysis of BPRN support and resistance levels.