Bancorpsouth Inc (BXS) Technical Analysis
NYSE:BXS
Current stock price
BXS Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to BXS. BXS 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 BXS has a been trading in the 28.25 - 31.27 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- BXS has an average volume of 1518180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, BXS outperforms 55% of them, which is more or less in line with the market.
- BXS is an average performer in the Banks industry, it outperforms 40% of 376 stocks in the same industry.
- BXS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BXS is lagging the market.
BXS Weekly and Daily overview Charts
BXS Setup Rating and Analysis
The technical rating of BXS 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
BXS Support and Resistance Analysis
24.92
When analyzing the support we can see 2 important areas.
- A support zone ranging from 27.60 to 27.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.17 to 25.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 29.45 to 29.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.10 to 31.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.73 from a horizontal line in the daily time frame.
BXS Technical Indicator Signal Analysis
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 BXS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BXS is down. |
| ChartMill Relative Strength | 55.74 | NEUTRAL | BXS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BXS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BXS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BXS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.2 | NEUTRAL | The RSI value for BXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests BXS has a negative trend. |
| Stochastics (14,3) | 20.3 | NEUTRAL | The Stochastics value for BXS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for BXS suggests some volalility. |
BXS Chart- and CandleStick Pattern Analysis
BXS Technicals: Chart, Performance Metrics, Trend & Indicators
28.76
-0.31 (-1.07%)
Bancorpsouth Inc / BXS TA FAQ
What is the ChartMill technical rating of Bancorpsouth Inc (BXS) stock?
ChartMill assigns a technical rating of 3 / 10 to BXS.
What is the current trend direction of Bancorpsouth Inc (BXS) stock?
The current trend direction for Bancorpsouth Inc (BXS) is Bearish.
Can you provide the RSI signal for Bancorpsouth Inc?
Bancorpsouth Inc (BXS) has an RSI value of 38.1997. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Bancorpsouth Inc?
The MACD indicator for Bancorpsouth Inc (BXS) has a value of -0.256929, indicating a bearish trend.
Can you provide the support and resistance levels for Bancorpsouth Inc?
Bancorpsouth Inc (BXS) has a support level at 27.98 and a resistance level at 29.45. Check the full technical report for our detailed analysis of BXS support and resistance levels.