BOGOTA FINANCIAL CORP (BSBK) Stock Technical Analysis
NASDAQ:BSBK - Nasdaq - US0972351052 - Common Stock - Currency: USD
Overall BSBK gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BSBK is only an average performer.
Warning: BSBK has an average volume of 3608 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month BSBK has a been trading in the 6.95 - 8.25 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, BSBK outperforms 65% of them, which is more or less in line with the market.
BSBK is part of the Banks industry. There are 396 other stocks in this industry, BSBK did better than 52% of them.
BSBK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BSBK is lagging the market.
Besides having an excellent technical rating, BSBK also presents 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 8.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.00, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.63
8.51
3 important support areas can be observed.
- A support zone ranging from 7.83 to 8.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.85 to 6.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.70 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.03 to 8.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.34 to 8.43. 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 | UP | POSITIVE | The long term trend for BSBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSBK is up. |
| ChartMill Relative Strength | 65.76 | NEUTRAL | BSBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BSBK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.93 | NEUTRAL | The RSI value for BSBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BSBK has a negative trend. |
| Stochastics (14,3) | 62.63 | NEUTRAL | The Stochastics value for BSBK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.61 | MEDIUM VOLATILITY | The ATR as a percentage value for BSBK suggests some volalility. |
| Average Directional Index/ADX (14) | 17.81 | NEGATIVE | The low ADX value for BSBK suggests a weak or negative trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.06 | 7.82 | 0.24 (2.98%) | 25.00% |
| An entry @8.06. This is a Buy Stop order right above the resistance zone. | An exit @7.82. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.24 points, which is 2.98%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.74%. |
- The distance between exit and entry is rather small compared to the average daily movement of BSBK. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:BSBK (7/18/2025, 8:00:01 PM)
8.02
+0.01 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.12%
1 Week2.3%
2 Weeks1.01%
1 Month4.63%
3 Month16.15%
6 Month2.82%
12 Month9.71%
2 Year-3.72%
3 Year-27.55%
5 Year1.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%4.61%
ATR Inc-77.19%
Range Today0.07
ADR(20)0.36
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.76
Mansfield-0.37
10 Day High8.25
10 Day Low7.76
20 Day High8.25
20 Day Low6.95
52 Week High8.66
52 Week Low6.59
CS1 End8
CR1 Start8.03
Volume & EV
DER(3)-13%
DER(5)-16.77%
Volume2.00K
Volume Incr-44.06%
Vol(5)3.06K
Vol(50)3.61K