FIRST BUSEY CORP (BUSE) Stock Technical Analysis
USA - NASDAQ:BUSE - US3193832041 - Common Stock
23.18 USD
-0.12 (-0.52%)
23.18 USD
0 (0%)
We assign a technical rating of 0 out of 10 to BUSE. BUSE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
71% of all other stocks performed better in the past year than BUSE.
BUSE is one of the lesser performing stocks in the Banks industry. 65% of 391 stocks in the same industry do better.
In the last month BUSE has a been trading in the 22.00 - 24.27 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
BUSE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BUSE is lagging the market.
BUSE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 22.46, a Stop Loss order could be placed below this zone.
More info and screens
21.39
25.60
2 important support areas can be observed.
- A support zone ranging from 22.19 to 22.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.61 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 23.21 to 23.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.83 to 24.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.14 to 25.35. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for BUSE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BUSE is down. |
| ChartMill Relative Strength | 29.74 | NEGATIVE | BUSE has a low relative strength, it was outperformed by 70.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BUSE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BUSE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BUSE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.69 | NEUTRAL | The RSI value for BUSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BUSE has a positive trend. |
| Stochastics (14,3) | 63.44 | NEUTRAL | The Stochastics value for BUSE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for BUSE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.26 | NEGATIVE | The low ADX value for BUSE 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)
23.18
-0.12 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.52%
1 Week4.46%
2 Weeks-0.47%
1 Month-3.38%
3 Month-0.17%
6 Month12.14%
12 Month-4.14%
2 Year16.72%
3 Year-12.23%
5 Year28.85%
10 Year11.07%
15 Year66.52%
Volatility
ATR(14)0.63
ATR(20)%2.61%
ATR Inc-41.79%
Range Today0.3
ADR(20)0.59
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.74
3 months CRS33.11
6 months CRS52.9
Mansfield-1.09
10 Day High23.96
10 Day Low22
20 Day High24.27
20 Day Low22
52 Week High28.3
52 Week Low18.4
CS1 End22.46
CR1 Start23.21
Volume & EV
DER(3)0.48%
DER(5)0.52%
Volume338.10K
Volume Incr-24.33%
Vol(5)410.12K
Vol(50)486.00K