FIRST BUSEY CORP (BUSE) Stock Technical Analysis
NASDAQ:BUSE - Nasdaq - US3193832041 - Common Stock - Currency: USD
Taking everything into account, BUSE scores 1 out of 10 in our technical rating. BUSE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
BUSE is one of the lesser performing stocks in the Banks industry. 84% of 398 stocks in the same industry do better.
BUSE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
When compared to the yearly performance of all other stocks, BUSE outperforms 42% of them, which is more or less in line with the market.
In the last month BUSE has a been trading in the 18.40 - 22.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BUSE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.21, a Stop Loss order could be placed below this zone.
More info and screens
18.79
27.71
We found 1 important support area.
- A support zone ranging from 18.98 to 19.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 21.80 to 22.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.97 from a trend line in the daily time frame.
- Resistance @25.89 from a trend line in the weekly time frame.
- Resistance @26.54 from a trend line in the daily time frame.
- Resistance @27.44 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
CRS42.09
Mansfield-0.76
10 Day High21.76
10 Day Low18.62
20 Day High22.64
20 Day Low18.4
52 Week High28.97
52 Week Low18.4
Performance
1 Week6.68%
2 Weeks9.71%
1 Month-4.19%
3 Month-7.12%
6 Month-12.12%
12 Month-6.8%
2 Year16.89%
3 Year-5.43%
5 Year15.36%
10 Year13.52%
15 Year40.54%
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)0.21
RSI(14)54.04
LBB18.73
UBB20.98
21.25
+0.67 (+3.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg3.26%
1 Week6.68%
2 Weeks9.71%
1 Month-4.19%
3 Month-7.12%
6 Month-12.12%
12 Month-6.8%
2 Year16.89%
3 Year-5.43%
5 Year15.36%
10 Year13.52%
15 Year40.54%
Volatility
ATR(14)1.07
ATR(20)%4.31%
ATR Inc1%
Range Today1.27
ADR(20)0.83
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.09
Mansfield-0.76
10 Day High21.76
10 Day Low18.62
20 Day High22.64
20 Day Low18.4
52 Week High28.97
52 Week Low18.4
CS1 End19.21
CR1 Start21.8
Volume & EV
DER(3)0.02%
DER(5)0.09%
Volume814.10K
Volume Incr-9.13%
Vol(5)635.06K
Vol(50)598.01K