MIDLAND STATES BANCORP INC (MSBI)

US5977421057 - Common Stock

24.52  -0.08 (-0.33%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to MSBI. MSBI has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

MSBI is part of the Banks industry. There are 407 other stocks in this industry, of which 74% are performing better than MSBI.
In the last month MSBI has a been trading in the 24.12 - 27.52 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, MSBI outperforms 49% of them, which is more or less in line with the market.
MSBI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MSBI is lagging the market.
Weekly and Daily overview Charts
MSBI Weekly chart
MSBI Daily chart
Setup Rating and Analysis

3

The technical rating of MSBI 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.

Support and Resistance Analysis

20.89

28.24

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 24.33 to 24.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 22.46 to 22.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @21.82 from a trend line in the weekly time frame.
  • A support zone ranging from 21.10 to 21.41. This zone is formed by a combination of multiple trend lines in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 24.52 to 24.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 25.13 to 25.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 27.70 to 27.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.96
Mansfield-0.8
10 Day High27.19
10 Day Low24.12
20 Day High27.53
20 Day Low24.12
52 Week High28.1
52 Week Low20.54
Performance
1 Week-5.31%
2 Weeks-8.38%
1 Month-10.25%
3 Month11.31%
6 Month8.61%
12 Month-10.74%
2 Year-7.59%
3 Year-0.77%
5 Year-15.06%
10 YearN/A
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)-0.34
RSI(14)35.85
LBB23.79
UBB27.94
MSBI Daily chart

MIDLAND STATES BANCORP INC

NASDAQ:MSBI (12/26/2024, 12:20:20 PM)

24.52

-0.08 (-0.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.33%
1 Week-5.31%
2 Weeks-8.38%
1 Month-10.25%
3 Month11.31%
6 Month8.61%
12 Month-10.74%
2 Year-7.59%
3 Year-0.77%
5 Year-15.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%2.5%
ATR Inc-46.81%
Range Today0.41
ADR(20)0.61
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.96
Mansfield-0.8
10 Day High27.19
10 Day Low24.12
20 Day High27.53
20 Day Low24.12
52 Week High28.1
52 Week Low20.54
CS1 End24.56
CR1 Start25.13
Volume & EV
DER(3)1.22%
DER(5)-1.04%
Volume7.86K
Volume Incr39.98%
Vol(5)94.80K
Vol(50)82.23K