Meridian Bncp (EBSB)

24.15  -0.5 (-2.03%)

After market: 24.15 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, EBSB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, EBSB has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that EBSB is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by EBSB over the past year are nicely spread over this period.
EBSB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EBSB is performing more or less in line with the market.
EBSB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Weekly and Daily overview Charts
EBSB Weekly chart
EBSB Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, EBSB also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

18.87

25.48

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 24.14 to 24.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 23.51 to 23.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @21.01 from a trend line in the weekly time frame.
  • A support zone ranging from 19.63 to 19.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.06 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • Resistance @25.23 from a horizontal line in the daily 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
CRS88.75
Mansfield1.2
10 Day High25.72
10 Day Low23.34
20 Day High25.72
20 Day Low21.87
52 Week High25.72
52 Week Low13.63
Performance
1 Week-2.54%
2 Weeks4.09%
1 Month9.82%
3 Month17.46%
6 Month11.39%
12 Month77.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.02
RSI(14)57.94
LBB22.24
UBB25.89
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
25.2424.131.11 (4.40%)22.74%
An entry @25.24. This is a Buy Stop order right above the resistance zone.An exit @24.13. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.11 points, which is 4.40%.For a 1.00% total portfolio risk, you can invest 22.74% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of EBSB. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EBSB Daily chart

Meridian Bncp

NASDAQ:EBSB (11/12/2021, 7:55:49 PM)

After market: 24.15 0 (0%)

24.15

-0.5 (-2.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryThrifts & Mortgage Finance
Performance
% Chg-2.03%
1 Week-2.54%
2 Weeks4.09%
1 Month9.82%
3 Month17.46%
6 Month11.39%
12 Month77.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.77
ATR(20)%3.03%
ATR Inc
Range Today1.06
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 High25.72
10 Day Low23.34
20 Day High25.72
20 Day Low21.87
52 Week High25.72
52 Week Low13.63
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.38M
Volume Incr103.83%
Vol(5)555.90K
Vol(50)277.98K