BANCFIRST CORP. - Daily - Technical analysis published on 02/03/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 59.35 USD
My targets
55.80 USD (-3.46%)
54.65 USD (-5.45%)
My analysis
BANCFIRST CORP. is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 59.35 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 55.80 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 54.65 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 51.88 USD. Beware of a possible return to above the resistance located at 59.35 USD which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BANCFIRST CORP. price is 57.80 USD. On the day, this instrument lost -2.66% with the lowest point at 57.69 USD and the highest point at 59.02 USD. The deviation from the price is +0.19% for the low point and -2.07% for the high point.57.69
59.02
57.80
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this BANCFIRST CORP. chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Piercing line
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 51.88 | 54.65 | 55.80 | 57.80 | 58.17 | 59.35 | 61.20 |
| Change (%) | -10.24% | -5.45% | -3.46% | - | +0.64% | +2.68% | +5.88% |
| Change | -5.92 | -3.15 | -2.00 | - | +0.37 | +1.55 | +3.40 |
| Level | Major | Minor | Minor | - | Major | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 57.58 | 57.94 | 58.66 | 59.02 | 59.74 | 60.10 | 60.82 |
| Camarilla | 59.08 | 59.18 | 59.28 | 59.38 | 59.48 | 59.58 | 59.68 |
| Woodie | 57.76 | 58.03 | 58.84 | 59.11 | 59.92 | 60.19 | 61.00 |
| Fibonacci | 57.94 | 58.35 | 58.61 | 59.02 | 59.43 | 59.69 | 60.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 56.28 | 58.16 | 59.34 | 61.22 | 62.40 | 64.28 | 65.46 |
| Camarilla | 59.67 | 59.95 | 60.23 | 60.51 | 60.79 | 61.07 | 61.35 |
| Woodie | 55.92 | 57.99 | 58.98 | 61.05 | 62.04 | 64.11 | 65.10 |
| Fibonacci | 58.16 | 59.33 | 60.05 | 61.22 | 62.39 | 63.11 | 64.28 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.77 | 55.09 | 58.76 | 61.08 | 64.75 | 67.07 | 70.75 |
| Camarilla | 60.79 | 61.34 | 61.89 | 62.44 | 62.99 | 63.54 | 64.09 |
| Woodie | 53.45 | 55.43 | 59.44 | 61.42 | 65.44 | 67.41 | 71.43 |
| Fibonacci | 55.09 | 57.37 | 58.79 | 61.08 | 63.37 | 64.78 | 67.07 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 28.89 | |
| MACD (12,26,9): | -0.6400 | |
| Directional Movement: | -16.16 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 60.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 62.00 | |
| Elder Ray (13): | -1.93 | |
| Super Trend (3,10): | 61.67 | |
| Zig ZAG (10): | 57.80 | |
| VORTEX (21): | 0.7200 | |
| Stochastique (14,3,5): | 6.95 | |
| TEMA (21): | 59.09 | |
| Williams %R (14): | -98.25 | |
| Chande Momentum Oscillator (20): | -5.11 | |
| Repulse (5,40,3): | -3.0800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 7.93 |
| MA7: | 59.57 | |
| MA20: | 61.25 | |
| MA50: | 60.81 | |
| MA100: | 58.78 | |
| MAexp7: | 59.48 | |
| MAexp20: | 60.71 | |
| MAexp50: | 60.48 | |
| MAexp100: | 59.17 | |
| Price / MA7: | -2.97% | |
| Price / MA20: | -5.63% | |
| Price / MA50: | -4.95% | |
| Price / MA100: | -1.67% | |
| Price / MAexp7: | -2.82% | |
| Price / MAexp20: | -4.79% | |
| Price / MAexp50: | -4.43% | |
| Price / MAexp100: | -2.32% |
News
The latest news and videos published on BANCFIRST CORP. at the time of the analysis were as follows:
- BancFirst Corporation Reports Fourth Quarter Earnings
- BancFirst Corporation Reports Third Quarter Earnings
- BancFirst Corporation Reports Second Quarter Earnings
- BancFirst Corporation Reports First Quarter Earnings
- BancFirst Corporation Reports Fourth Quarter Earnings
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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