Blue Hills Bancorp Stock Forecast

Blue Hills Bancorp stock price down 0% on Monday
(Updated on Apr 08, 2019)

BHBK Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Blue Hills Bancorp stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $23.90 and $23.96. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 05, 2019, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Blue Hills Bancorp stock

Blue Hills Bancorp finds support from accumulated volume at $23.85 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (BHBK) For The Upcoming Trading Day Of Tuesday 9th

For the upcoming trading day on Tuesday, 9th we expect Blue Hills Bancorp to open at $23.90, and during the day (based on 14 day Average True Range), to move between $23.62 and $24.18, which gives a possible trading interval of +/-$0.281 (+/-1.17%) up or down from last closing price. If Blue Hills Bancorp takes out the full calculated possible swing range there will be an estimated 2.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $23.85 (0.21%) than the resistance at $24.02 (0.50%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Blue Hills Bancorp stock A Buy?

The Blue Hills Bancorp stock holds several negative signals and despite the positive trend, we believe Blue Hills Bancorp will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.570 Sell Candidate Unchanged

Predicted Opening Price for Blue Hills Bancorp of Tuesday, April 9, 2019

The predicted opening price is based on yesterday's movements between high, low, and closing price.