Technical Analysis for BHLB - Berkshire Hills Bancorp, Inc.

Grade Last Price % Change Price Change
D 26.33 1.82% 0.47
BHLB closed up 1.82 percent on Friday, October 4, 2024, on 43 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: Oct 18
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Flat

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
NR7 Range Contraction 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Centerline Cross Bearish 1.82%
Stochastic Reached Oversold Weakness 1.82%
Oversold Stochastic Weakness 1.82%
Fell Below 20 DMA Bearish 0.88%
Fell Below 50 DMA Bearish 0.88%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 19 hours ago
60 Minute Opening Range Breakdown about 22 hours ago
Rose Above 50 DMA about 23 hours ago
Rose Above 10 DMA about 23 hours ago
Gapped Up (Full) about 23 hours ago

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Profile

Berkshire Hills Bancorp, Inc. Description

Berkshire Hills Bancorp, Inc., through its subsidiaries, provides retail and commercial banking, insurance, and wealth management services. Its primary deposit products include interest-bearing and noninterest-bearing checking accounts, regular and money market savings accounts, time certificates of deposit, NOW accounts, and retirement deposit accounts; and primary lending products comprise residential mortgages, commercial mortgages, commercial business loans, and consumer loans. The company also provides retail and commercial electronic banking services, commercial cash management services, and commercial interest rate swap instruments for commercial customers; and debit cards and other electronic payment services to transaction account customers. In addition, it offers wealth management services, such as investment management, trust administration, estate planning, and private banking services, as well as investment products, financial planning, and brokerage services. Further, the company provides a line of personal and commercial property and casualty, employee benefits, personal life, health, and financial services insurance products. It serves retail, commercial, not-for-profit, and municipal customers. The company operates approximately 75 full service branches in Massachusetts, New York, Connecticut, and Vermont; and 10 commercial and residential lending offices in central/eastern Massachusetts. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Pittsfield, Massachusetts.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Investment Management Banking Bank Deposit Products Commercial Banking Cash Management Services Investment Product Wealth Management Services Business Loans Payment Services Transaction Account Lending Products Retail And Commercial Banking Employee Benefits Electronic Banking Private Banking Services Interest Rate Swap Electronic Banking Services Vermont Electronic Payment Services Offers Wealth Management Services Personal And Commercial Property

Is BHLB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 28.318
52 Week Low 17.7348
Average Volume 284,049
200-Day Moving Average 23.45
50-Day Moving Average 26.38
20-Day Moving Average 26.45
10-Day Moving Average 26.39
Average True Range 0.65
RSI (14) 49.24
ADX 13.26
+DI 24.11
-DI 24.67
Chandelier Exit (Long, 3 ATRs) 25.93
Chandelier Exit (Short, 3 ATRs) 26.90
Upper Bollinger Bands 27.62
Lower Bollinger Band 25.28
Percent B (%b) 0.45
BandWidth 8.86
MACD Line -0.04
MACD Signal Line 0.07
MACD Histogram -0.1116
Fundamentals Value
Market Cap 1.15 Billion
Num Shares 43.5 Million
EPS 1.60
Price-to-Earnings (P/E) Ratio 16.46
Price-to-Sales 2.60
Price-to-Book 0.98
PEG Ratio 1.74
Dividend 0.72
Dividend Yield 2.73%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.89
Resistance 3 (R3) 26.89 26.69 26.80
Resistance 2 (R2) 26.69 26.55 26.69 26.77
Resistance 1 (R1) 26.51 26.46 26.60 26.52 26.74
Pivot Point 26.32 26.32 26.36 26.32 26.32
Support 1 (S1) 26.14 26.17 26.23 26.14 25.92
Support 2 (S2) 25.94 26.08 25.94 25.89
Support 3 (S3) 25.76 25.94 25.86
Support 4 (S4) 25.77