MIDLAND STATES BANCORP INC (MSBI) Stock Technical Analysis
NASDAQ:MSBI - Nasdaq - US5977421057 - Common Stock - Currency: USD
Overall MSBI gets a technical rating of 1 out of 10. MSBI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MSBI is a bad performer in the overall market: 74% of all stocks are doing better.
MSBI is one of the lesser performing stocks in the Banks industry. 93% of 398 stocks in the same industry do better.
MSBI is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month MSBI has a been trading in the 14.79 - 18.42 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of MSBI is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.07
27.98
When analyzing the support we notice one important area.
- A support zone ranging from 16.23 to 16.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 18.34 to 18.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.00 from a trend line in the daily time frame.
- Resistance @27.70 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.9
Mansfield-1.67
10 Day High18.42
10 Day Low15.51
20 Day High18.42
20 Day Low14.79
52 Week High28.08
52 Week Low14.79
Performance
1 Week10.36%
2 Weeks16.68%
1 Month15.72%
3 Month-4.83%
6 Month-26%
12 Month-22.82%
2 Year-5.22%
3 Year-31.81%
5 Year22.44%
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)0.32
RSI(14)66.15
LBB14.71
UBB18.09
18.33
+0.71 (+4.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.03%
1 Week10.36%
2 Weeks16.68%
1 Month15.72%
3 Month-4.83%
6 Month-26%
12 Month-22.82%
2 Year-5.22%
3 Year-31.81%
5 Year22.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%4.07%
ATR Inc114.01%
Range Today0.78
ADR(20)0.72
ADR(20)%3.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.9
Mansfield-1.67
10 Day High18.42
10 Day Low15.51
20 Day High18.42
20 Day Low14.79
52 Week High28.08
52 Week Low14.79
CS1 End16.28
CR1 Start18.34
Volume & EV
DER(3)4.69%
DER(5)3.1%
Volume148.80K
Volume Incr-2.12%
Vol(5)132.88K
Vol(50)119.58K