Taking everything into account, BSRR scores 7 out of 10 in our technical rating. Although BSRR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- In the last month BSRR has a been trading in the 32.10 - 36.79 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- BSRR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BSRR is lagging the market slightly.
- Looking at the yearly performance, BSRR did better than 73% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- BSRR is an average performer in the Banks industry, it outperforms 62% of 383 stocks in the same industry.
BSRR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 33.20, a Stop Loss order could be placed below this zone.
More info and screens
26.11
When analyzing the support we can see 4 important areas.
- A support zone ranging from 32.69 to 33.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.56 from a trend line in the weekly time frame.
- Support @27.09 from a horizontal line in the daily time frame.
- Support @26.37 from a horizontal line in the daily time frame.
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 BSRR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BSRR is neutral. |
| ChartMill Relative Strength | 73.44 | POSITIVE | BSRR has a high relative strength, it outperformed 73.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BSRR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSRR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BSRR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.74 | NEUTRAL | The RSI value for BSRR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests BSRR has a negative trend. |
| Stochastics (14,3) | 21.58 | NEUTRAL | The Stochastics value for BSRR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for BSRR suggests some volalility. |
| Average Directional Index/ADX (14) | 33.64 | POSITIVE | The high ADX value value for BSRR suggests a strong trend. |
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 |
|---|---|---|---|
| 34.80 | 32.89 | 1.91 (5.48%) | 18.26% |
| An entry @34.80. This is a Buy Stop order right above the 10 day moving average. | An exit @32.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.91 points, which is 5.48%. | For a 1.00% total portfolio risk, you can invest 18.26% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BSRR. 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.
33.21
-0.5 (-1.48%)
SIERRA BANCORP / BSRR FAQ
What is the technical rating for BSRR stock?
ChartMill assigns a technical rating of 7 / 10 to BSRR.
What is the trend direction for BSRR stock?
The current trend direction for SIERRA BANCORP (BSRR) is Bullish.
What is the RSI signal for SIERRA BANCORP (BSRR) stock?
SIERRA BANCORP (BSRR) has an RSI value of 44.7358. This indicates that the stock is currently neutral.
What is the support and resistance level for BSRR stock?
SIERRA BANCORP (BSRR) has a support level at 33.2. Check the full technical report for our detailed analysis of BSRR support and resistance levels.