Bancorpsouth Inc (BXS) Stock Technical Analysis
NYSE:BXS -
28.76
-0.31 (-1.07%)
29.15
+0.39 (+1.36%)
Taking everything into account, BXS scores 3 out of 10 in our technical rating. 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 comparing the performance of all stocks over the past year, BXS turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
BXS is part of the Banks industry. There are 393 other stocks in this industry, BXS did better than 51% of them.
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.
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
24.92
32.05
2 important support areas can be observed.
- 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.
When analyzing the resistance we notice 3 important 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.
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. |
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)
28.76
-0.31 (-1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.07%
1 Week-7.29%
2 Weeks-6.11%
1 Month-3.43%
3 Month11.47%
6 Month-2.8%
12 Month22.85%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%2.97%
ATR Inc64.04%
Range Today1.2
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.74
Mansfield-1.28
10 Day High31.27
10 Day Low28.25
20 Day High31.27
20 Day Low28.25
52 Week High35.59
52 Week Low22.56
CS1 End27.98
CR1 Start29.45
Volume & EV
DER(3)4.26%
DER(5)2.25%
Volume19.27M
Volume Incr435.84%
Vol(5)5.71M
Vol(50)1.52M