BANK7 CORP (BSVN) Stock Technical Analysis
NASDAQ:BSVN - Nasdaq - US06652N1072 - Common Stock - Currency: USD
Taking everything into account, BSVN scores 2 out of 10 in our technical rating. BSVN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, we notice that BSVN is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
BSVN is an average performer in the Banks industry, it outperforms 63% of 395 stocks in the same industry.
BSVN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BSVN is lagging the market slightly.
In the last month BSVN has a been trading in the 35.50 - 39.92 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.
Although the technical rating is bad, BSVN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 37.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BSVN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
34.19
40.72
We found 3 important support areas.
- A support zone ranging from 37.52 to 37.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @35.83 from a trend line in the weekly time frame.
- A support zone ranging from 34.54 to 34.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 38.26 to 39.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @40.32 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 | DOWN | NEGATIVE | The long term trend for BSVN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BSVN is neutral. |
| ChartMill Relative Strength | 79.16 | POSITIVE | BSVN has a high relative strength, it outperformed 79.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSVN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BSVN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BSVN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.86 | NEUTRAL | The RSI value for BSVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BSVN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.79 | NEUTRAL | The Stochastics value for BSVN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for BSVN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.2 | NEGATIVE | The low ADX value for BSVN 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)
38.2
+0.09 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.24%
1 Week-2.58%
2 Weeks-2.43%
1 Month4%
3 Month-7.33%
6 Month-19.85%
12 Month26.28%
2 Year67.54%
3 Year56.49%
5 Year274.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%3.18%
ATR Inc-21.77%
Range Today0.74
ADR(20)1.12
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.16
Mansfield-0.61
10 Day High39.92
10 Day Low36.6
20 Day High39.92
20 Day Low35.5
52 Week High50.26
52 Week Low27.84
CS1 End37.98
CR1 Start38.26
Volume & EV
DER(3)7.5%
DER(5)3.77%
Volume13.58K
Volume Incr-39.44%
Vol(5)13.24K
Vol(50)31.11K