BANCFIRST CORP (BANF)
US05945F1030 - Common Stock
We assign a technical rating of 7 out of 10 to BANF. In the last year, BANF was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
BANF 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.
When compared to the yearly performance of all other stocks, BANF outperforms 55% of them, which is more or less in line with the market.
BANF is part of the Banks industry. There are 411 other stocks in this industry, BANF did better than 41% of them.
BANF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BANF is lagging the market.
Besides having an excellent technical rating, BANF also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 92.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 91.33, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
79.88
101.48
We found 5 important support areas.
- A support zone ranging from 90.94 to 91.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 87.64 to 89.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @85.67 from a horizontal line in the daily time frame.
- Support @83.64 from a trend line in the weekly time frame.
- A support zone ranging from 80.69 to 81.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 92.36 to 92.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @94.50 from a horizontal line in the daily time frame.
- Resistance @96.82 from a trend line in the weekly time frame.
- A resistance zone ranging from 100.48 to 100.48. This zone is formed by a combination of multiple trend lines 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
CRS55.12
Mansfield-1.06
10 Day High93.05
10 Day Low89.5
20 Day High93.26
20 Day Low86.64
52 Week High104
52 Week Low79.99
Performance
1 Week0.9%
2 Weeks0.49%
1 Month3.13%
3 Month2.25%
6 Month6.46%
12 Month13.12%
2 Year1.48%
3 Year33.49%
5 Year76.28%
10 Year209.95%
15 Year377.29%
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)-0.06
RSI(14)62.06
LBB89.7
UBB92.65
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 92.79 | 90.93 | 1.86 (2.00%) | 25.00% |
| An entry @92.79. This is a Buy Stop order right above the resistance zone. | An exit @90.93. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.86 points, which is 2.00%. | For a 0.50% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BANF. 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.
BANCFIRST CORP
NASDAQ:BANF (5/17/2024, 7:00:01 PM)
After market: 92.07 0 (0%)92.07
+0.78 (+0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.85%
1 Week0.9%
2 Weeks0.49%
1 Month3.13%
3 Month2.25%
6 Month6.46%
12 Month13.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.77
ATR(20)%2.07%
ATR Inc
Range Today1.19
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 High93.05
10 Day Low89.5
20 Day High93.26
20 Day Low86.64
52 Week High104
52 Week Low79.99
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume38.40K
Volume Incr-38.05%
Vol(5)47.64K
Vol(50)67.65K