ARROWMARK FINANCIAL CORP (BANX) Stock Technical Analysis
NASDAQ:BANX - Nasdaq - US8617801043 - Common Stock - Currency: USD
Overall BANX gets a technical rating of 8 out of 10. Both in the recent history as in the last year, BANX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: BANX has an average volume of 19810 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that BANX is one of the better performing stocks in the market, outperforming 80% of all stocks.
BANX is part of the Capital Markets industry. There are 223 other stocks in this industry. BANX outperforms 79% of them.
BANX is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so BANX slightly outperforms the market at the moment.
In the last month BANX has a been trading in a tight range between 20.80 and 21.34.
Volume is considerably higher in the last couple of days.
BANX has an excellent technical rating and 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 a resistance zone just above the current price starting at 21.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.10, a Stop Loss order could be placed below this zone.
More info and screens
17.87
21.72
4 important support areas can be observed.
- A support zone ranging from 21.02 to 21.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.22 to 20.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.61 to 19.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.05 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.30 to 21.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.87
Mansfield0.4
10 Day High21.34
10 Day Low20.82
20 Day High21.34
20 Day Low20.8
52 Week High21.67
52 Week Low17.91
Performance
1 Week-0.42%
2 Weeks1.07%
1 Month0.14%
3 Month1.63%
6 Month4.48%
12 Month13.61%
2 Year17.83%
3 Year-1.39%
5 Year30.68%
10 Year18.03%
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)0.02
RSI(14)54.41
LBB20.81
UBB21.35
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 |
|---|---|---|---|
| 21.51 | 21.01 | 0.50 (2.32%) | 25.00% |
| An entry @21.51. This is a Buy Stop order right above the resistance zone. | An exit @21.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.50 points, which is 2.32%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%. |
- 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.
21.21
-0.01 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.05%
1 Week-0.42%
2 Weeks1.07%
1 Month0.14%
3 Month1.63%
6 Month4.48%
12 Month13.61%
2 Year17.83%
3 Year-1.39%
5 Year30.68%
10 Year18.03%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.17%
ATR Inc-5.4%
Range Today0.1
ADR(20)0.24
ADR(20)%1.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.87
Mansfield0.4
10 Day High21.34
10 Day Low20.82
20 Day High21.34
20 Day Low20.8
52 Week High21.67
52 Week Low17.91
CS1 End21.1
CR1 Start21.3
Volume & EV
DER(3)-0.17%
DER(5)-0.41%
Volume18.00K
Volume Incr103.43%
Vol(5)27.86K
Vol(50)19.81K