BANK7 CORP (BSVN) Stock Technical Analysis
NASDAQ:BSVN - Nasdaq - US06652N1072 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to BSVN. Both in the recent history as in the last year, BSVN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: BSVN has an average volume of 28694 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
BSVN is one of the better performing stocks in the Banks industry, it outperforms 92% of 396 stocks in the same industry.
BSVN 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 BSVN is lagging the market slightly.
In the last month BSVN has a been trading in the 37.61 - 48.89 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, BSVN did better than 87% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BSVN has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
36.73
49.00
When analyzing the support we can see 3 important areas.
- A support zone ranging from 43.46 to 43.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @39.54 from a trend line in the daily time frame.
- A support zone ranging from 37.10 to 37.23. 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 BSVN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSVN is up. |
| ChartMill Relative Strength | 87.16 | POSITIVE | BSVN has a high relative strength, it outperformed 87.16% 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) | UP | POSITIVE | The current price of BSVN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BSVN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.23 | OVERBOUGHT | The high RSI value suggests BSVN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests BSVN has a positive trend. |
| Stochastics (14,3) | 91.82 | OVERBOUGHT | The high Stochastics value suggests BSVN may be overbought. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for BSVN suggests some volalility. |
| Average Directional Index/ADX (14) | 27.73 | POSITIVE | The high ADX value value for BSVN suggests a strong 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)
48.51
+2.07 (+4.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.46%
1 Week7.7%
2 Weeks9.04%
1 Month27.19%
3 Month38.64%
6 Month9.26%
12 Month31.36%
2 Year83.33%
3 Year108.11%
5 Year389.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.43
ATR(20)%2.97%
ATR Inc62.37%
Range Today2.39
ADR(20)1.39
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.16
Mansfield0.93
10 Day High48.89
10 Day Low42.97
20 Day High48.89
20 Day Low37.61
52 Week High50.26
52 Week Low32.49
CS1 End43.54
CR1 StartN/A
Volume & EV
DER(3)-2.76%
DER(5)-1.67%
Volume91.30K
Volume Incr91.97%
Vol(5)60.28K
Vol(50)28.69K