BERKSHIRE HILLS BANCORP INC (BHLB) Stock Technical Analysis
NYSE:BHLB - New York Stock Exchange, Inc. - US0846801076 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to BHLB. In the last year, BHLB was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month BHLB has a been trading in the 28.01 - 30.50 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that BHLB is one of the better performing stocks in the market, outperforming 73% of all stocks. However, BHLB's most recent performance is quite weak.
BHLB is part of the Banks industry. There are 405 other stocks in this industry, BHLB did better than 56% of them.
BHLB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BHLB is lagging the market.
The technical rating of BHLB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
23.16
31.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.80 to 28.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 26.98 to 27.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.39 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 28.79 to 29.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.22 to 31.51. 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
CRS73.2
Mansfield0.13
10 Day High30.46
10 Day Low28.03
20 Day High30.5
20 Day Low28.01
52 Week High32.36
52 Week Low20.5
Performance
1 Week-5.14%
2 Weeks-7.94%
1 Month-0.53%
3 Month-10.12%
6 Month1.19%
12 Month27.31%
2 Year-3.44%
3 Year-9.77%
5 Year14.95%
10 Year5.17%
15 Year56.94%
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)-0.17
RSI(14)38.75
LBB28.25
UBB30.76
28.06
-0.55 (-1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.92%
1 Week-5.14%
2 Weeks-7.94%
1 Month-0.53%
3 Month-10.12%
6 Month1.19%
12 Month27.31%
2 Year-3.44%
3 Year-9.77%
5 Year14.95%
10 Year5.17%
15 Year56.94%
Volatility
ATR(14)0.72
ATR(20)%2.67%
ATR Inc23.16%
Range Today0.85
ADR(20)0.69
ADR(20)%2.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.2
Mansfield0.13
10 Day High30.46
10 Day Low28.03
20 Day High30.5
20 Day Low28.01
52 Week High32.36
52 Week Low20.5
CS1 End28.04
CR1 Start28.79
Volume & EV
DER(3)-0.6%
DER(5)-0.81%
Volume314.40K
Volume Incr-11.59%
Vol(5)361.22K
Vol(50)462.79K