SIERRA BANCORP (BSRR) Stock Technical Analysis
NASDAQ:BSRR - Nasdaq - US82620P1021 - Common Stock - Currency: USD
Taking everything into account, BSRR scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BSRR is only an average performer.
Besides having an excellent technical rating, BSRR also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 32.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.61, 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
25.90
3 important support areas can be observed.
- A support zone ranging from 30.60 to 30.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 28.80 to 29.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.16 to 27.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 32.07 to 32.39. 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 BSRR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSRR is up. |
| ChartMill Relative Strength | 62.31 | NEUTRAL | BSRR is not amongst the best or worst performers 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) | 53.9 | NEUTRAL | The RSI value for BSRR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests BSRR has a negative trend. |
| Stochastics (14,3) | 36.01 | NEUTRAL | The Stochastics value for BSRR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for BSRR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.86 | NEUTRAL | The ADX value for BSRR suggests a possible start of a new 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 |
|---|---|---|---|
| 31.21 | 30.59 | 0.62 (1.99%) | 25.00% |
| An entry @31.21. This is a Buy Stop order right above the 10 day moving average. | An exit @30.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.62 points, which is 1.99%. | For a 0.50% total portfolio risk, you can invest 25.00% 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.
30.62
-0.12 (-0.39%)