BAYFIRST FINANCIAL CORP (BAFN) Stock Technical Analysis
NASDAQ:BAFN - Nasdaq - US07279B1044 - Common Stock - Currency: USD
Taking everything into account, BAFN scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, BAFN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: BAFN has an average volume of 6496 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
BAFN is one of the better performing stocks in the Banks industry, it outperforms 97% of 402 stocks in the same industry.
BAFN is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month BAFN has a been trading in the 16.25 - 19.21 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BAFN is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, BAFN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 18.29, 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
12.44
19.20
When analyzing the support we can see 4 important areas.
- A support zone ranging from 17.95 to 18.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.35 to 13.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @12.90 from a horizontal line in the daily time frame.
- Strong support @12.57 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @19.01 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95
Mansfield3.25
10 Day High19.15
10 Day Low17.12
20 Day High19.21
20 Day Low16.25
52 Week High19.21
52 Week Low10.4
Performance
1 Week-0.87%
2 Weeks-0.16%
1 Month8.67%
3 Month38.64%
6 Month35.46%
12 Month40.88%
2 Year17.84%
3 Year-20.61%
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)-0.11
RSI(14)59.96
LBB17.64
UBB19.29
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 |
|---|---|---|---|
| 19.02 | 17.94 | 1.08 (5.68%) | 17.61% |
| An entry @19.02. This is a Buy Stop order right above the resistance zone. | An exit @17.94. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.08 points, which is 5.68%. | For a 1.00% total portfolio risk, you can invest 17.61% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BAFN. 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.
NASDAQ:BAFN (3/7/2025, 8:06:37 PM)
18.3
-0.07 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.38%
1 Week-0.87%
2 Weeks-0.16%
1 Month8.67%
3 Month38.64%
6 Month35.46%
12 Month40.88%
2 Year17.84%
3 Year-20.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%4.32%
ATR Inc-25.58%
Range Today0.5
ADR(20)0.77
ADR(20)%4.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95
Mansfield3.25
10 Day High19.15
10 Day Low17.12
20 Day High19.21
20 Day Low16.25
52 Week High19.21
52 Week Low10.4
CS1 End18.29
CR1 Start19.01
Volume & EV
DER(3)1.8%
DER(5)1.63%
Volume5.50K
Volume Incr23.1%
Vol(5)9.70K
Vol(50)6.50K