FIRST BUSEY CORP (BUSE) Stock Technical Analysis
NASDAQ:BUSE - Nasdaq - US3193832041 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to BUSE. BUSE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
69% of all other stocks performed better in the past year than BUSE.
BUSE is one of the lesser performing stocks in the Banks industry. 92% of 398 stocks in the same industry do better.
BUSE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month BUSE has a been trading in the 18.40 - 21.77 range, which is quite wide. It is currently trading near the high of this range.
The technical rating of BUSE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
18.79
27.71
We found 1 important support area.
- A support zone ranging from 18.98 to 19.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 21.70 to 21.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.65 from a trend line in the daily time frame.
- Resistance @24.69 from a horizontal line in the weekly time frame.
- Resistance @25.82 from a trend line in the weekly time frame.
- Resistance @26.47 from a trend line in the daily time frame.
- Resistance @27.44 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.35
Mansfield-1.05
10 Day High21.78
10 Day Low19.55
20 Day High21.78
20 Day Low18.4
52 Week High28.97
52 Week Low18.4
Performance
1 Week4.93%
2 Weeks8.67%
1 Month9.82%
3 Month-10.67%
6 Month-10.59%
12 Month-8.56%
2 Year15.99%
3 Year-7.51%
5 Year21.11%
10 Year15.13%
15 Year54.16%
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)
Technical Indicators
MACD(12,26,9)0.24
RSI(14)58.36
LBB19.34
UBB21.84
21.69
+0.59 (+2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.8%
1 Week4.93%
2 Weeks8.67%
1 Month9.82%
3 Month-10.67%
6 Month-10.59%
12 Month-8.56%
2 Year15.99%
3 Year-7.51%
5 Year21.11%
10 Year15.13%
15 Year54.16%
Volatility
ATR(14)0.65
ATR(20)%3.89%
ATR Inc-7.87%
Range Today0.61
ADR(20)0.79
ADR(20)%3.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.35
Mansfield-1.05
10 Day High21.78
10 Day Low19.55
20 Day High21.78
20 Day Low18.4
52 Week High28.97
52 Week Low18.4
CS1 End19.21
CR1 Start21.7
Volume & EV
DER(3)-1.48%
DER(5)-0.16%
Volume393.40K
Volume Incr-37.13%
Vol(5)467.34K
Vol(50)630.02K