We assign a technical rating of 8 out of 10 to BMRC. Although BMRC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, BMRC also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for BMRC in the last couple of days, which is a good sign.
19.49
When analyzing the support we can see 3 important areas.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BMRC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BMRC is up. |
| ChartMill Relative Strength | 73.67 | POSITIVE | BMRC has a high relative strength, it outperformed 73.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BMRC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BMRC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BMRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.36 | NEUTRAL | The RSI value for BMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BMRC has a negative trend. |
| Stochastics (14,3) | 54.59 | NEUTRAL | The Stochastics value for BMRC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for BMRC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.66 | NEUTRAL | The ADX value for BMRC suggests a possible start of a new trend. |
27.15
-0.8 (-2.86%)
ChartMill assigns a technical rating of 8 / 10 to BMRC.
The current trend direction for BANK OF MARIN BANCORP/CA (BMRC) is Bullish.
BANK OF MARIN BANCORP/CA (BMRC) has an RSI value of 53.3598. This indicates that the stock is currently neutral.
The MACD indicator for BANK OF MARIN BANCORP/CA (BMRC) has a value of -0.0295002, indicating a bearish trend.
The buy/sell signal for BANK OF MARIN BANCORP/CA (BMRC) is buy as both the short term and long term trends are positive.