FIRST BUSEY CORP (BUSE) Stock Technical Analysis
NASDAQ:BUSE - Nasdaq - US3193832041 - Common Stock - Currency: USD
Taking everything into account, BUSE scores 0 out of 10 in our technical rating. BUSE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
73% of all other stocks performed better in the past year than BUSE.
BUSE is part of the Banks industry. There are 402 other stocks in this industry, of which 89% are performing better than BUSE.
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.
In the last month BUSE has a been trading in the 22.14 - 25.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of BUSE 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
21.69
27.71
We found 1 important support area.
- A support zone ranging from 21.91 to 22.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 23.40 to 24.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.35 from a horizontal line in the daily time frame.
- Resistance @26.34 from a trend line in the weekly 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
CRS27.42
Mansfield-1.07
10 Day High24.4
10 Day Low22.14
20 Day High25.6
20 Day Low22.14
52 Week High28.97
52 Week Low21.59
Performance
1 Week-6%
2 Weeks-7.01%
1 Month-11.05%
3 Month-16.26%
6 Month-13.27%
12 Month-4.81%
2 Year10.87%
3 Year-11.01%
5 Year31.79%
10 Year12.36%
15 Year70.06%
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)-0.23
RSI(14)35.66
LBB22.13
UBB25.4
22.55
-0.04 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.18%
1 Week-6%
2 Weeks-7.01%
1 Month-11.05%
3 Month-16.26%
6 Month-13.27%
12 Month-4.81%
2 Year10.87%
3 Year-11.01%
5 Year31.79%
10 Year12.36%
15 Year70.06%
Volatility
ATR(14)0.68
ATR(20)%3.15%
ATR Inc-8.71%
Range Today0.62
ADR(20)0.7
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.42
Mansfield-1.07
10 Day High24.4
10 Day Low22.14
20 Day High25.6
20 Day Low22.14
52 Week High28.97
52 Week Low21.59
CS1 End22.35
CR1 Start23.4
Volume & EV
DER(3)1.97%
DER(5)1.14%
Volume443.40K
Volume Incr54.73%
Vol(5)668.12K
Vol(50)393.67K