Taking everything into account, MBFI scores 4 out of 10 in our technical rating. 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.
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
37.04
When analyzing the support we notice one important 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.
We found 1 important resistance 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.
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. |
42.38
-1.52 (-3.46%)
MB FINANCIAL INC NEW / MBFI 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 current trend direction of MB FINANCIAL INC NEW (MBFI) stock?
The current trend direction for MB FINANCIAL INC NEW (MBFI) is Bearish.
What is the RSI signal for 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 short term momentum for MBFI stock?
The short term momentum for MB FINANCIAL INC NEW (MBFI) is neutral.
What are the support and resistance levels for MB FINANCIAL INC NEW (MBFI) stock?
MB FINANCIAL INC NEW (MBFI) has a support level at 37.97 and a resistance level at 44.2. Check the full technical report for our detailed analysis of MBFI support and resistance levels.