FIRST BUSEY CORP (BUSE)

US3193832041 - Common Stock

22.37  +0.51 (+2.33%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to BUSE. BUSE 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.

In the last month BUSE has a been trading in the 21.68 - 24.20 range, which is quite wide. It is currently trading near the lows of this range.
BUSE is one of the better performing stocks in the Banks industry, it outperforms 71% of 412 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, BUSE turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
BUSE 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 BUSE is lagging the market slightly.
Weekly and Daily overview Charts
BUSE Weekly chart
BUSE Daily chart
Setup Rating and Analysis

4

BUSE has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

18.79

25.06

We found 3 important support areas.

  • Support @21.80 from a horizontal line in the daily time frame.
  • Support @20.98 from a trend line in the weekly time frame.
  • Support @18.98 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 22.90 to 23.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 23.71 to 24.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @24.81 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.94
Mansfield-0.63
10 Day High23.71
10 Day Low21.68
20 Day High24.2
20 Day Low21.68
52 Week High25.8
52 Week Low16.26
Performance
1 Week-1.66%
2 Weeks-5.24%
1 Month-6.38%
3 Month-7.53%
6 Month15.17%
12 Month15.54%
2 Year-2.71%
3 Year-12.49%
5 Year-15.4%
10 Year32.48%
15 Year-6.94%
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)-0.15
RSI(14)36.74
LBB21.4
UBB23.93
BUSE Daily chart

FIRST BUSEY CORP

NASDAQ:BUSE (4/19/2024, 11:54:43 AM)

22.37

+0.51 (+2.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.33%
1 Week-1.66%
2 Weeks-5.24%
1 Month-6.38%
3 Month-7.53%
6 Month15.17%
12 Month15.54%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.56
ATR(20)%2.59%
ATR Inc
Range Today0.62
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High23.71
10 Day Low21.68
20 Day High24.2
20 Day Low21.68
52 Week High25.8
52 Week Low16.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume64.77K
Volume Incr-29.7%
Vol(5)126.12K
Vol(50)151.73K