MB FINANCIAL INC NEW (MBFI) Technical Analysis
NASDAQ:MBFI
Current stock price
MBFI Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to MBFI. MBFI 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 MBFI has a been trading in the 42.16 - 47.46 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.
- MBFI has an average volume of 1393250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, MBFI turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
- MBFI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MBFI is lagging the market.
MBFI Weekly and Daily overview Charts
MBFI Setup Rating and Analysis
MBFI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MBFI Support and Resistance Analysis
37.04
We found 1 important support area.
- A support zone ranging from 37.41 to 37.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.20 to 47.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
MBFI 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 MBFI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MBFI is neutral. |
| ChartMill Relative Strength | 64.67 | NEUTRAL | MBFI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MBFI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MBFI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MBFI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.13 | NEUTRAL | The RSI value for MBFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests MBFI has a negative trend. |
| Stochastics (14,3) | 24.2 | NEUTRAL | The Stochastics value for MBFI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for MBFI suggests some volalility. |
MBFI Chart- and CandleStick Pattern Analysis
MBFI Technicals: Chart, Performance Metrics, Trend & Indicators
42.38
-1.52 (-3.46%)
MB FINANCIAL INC NEW / MBFI TA FAQ
What is the ChartMill technical rating of MB FINANCIAL INC NEW (MBFI) stock?
ChartMill assigns a technical rating of 4 / 10 to MBFI.
What is the trend direction for MBFI stock?
The current trend direction for MB FINANCIAL INC NEW (MBFI) is Bearish.
What is the RSI signal for MB FINANCIAL INC NEW (MBFI) stock?
MB FINANCIAL INC NEW (MBFI) has an RSI value of 35.1307. This indicates that the stock is currently neutral.
What is the MACD signal for MBFI stock?
The MACD indicator for MB FINANCIAL INC NEW (MBFI) has a value of -0.26954, indicating a bearish trend.