BRIDGER AEROSPACE GROUP HOLD (BAER) Stock Technical Analysis
NASDAQ:BAER - Nasdaq - US96812F1021 - Common Stock - Currency: USD
Overall BAER gets a technical rating of 3 out of 10. In the past year, BAER was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, BAER is a bad performer in the overall market: 88% of all stocks are doing better.
BAER is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry, of which 79% are performing better than BAER.
BAER is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month BAER has a been trading in the 1.55 - 2.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BAER has a poor technical rating and the quality of the setup is also not perfect 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
1.54
1.99
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.78 to 1.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.65 to 1.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.61 from a trend line in the weekly time frame.
- Support @1.56 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.90 to 1.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BAER is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BAER is up. |
| ChartMill Relative Strength | 12.84 | NEGATIVE | BAER has a low relative strength, it was outperformed by 87.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BAER is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BAER is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAER is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.68 | NEUTRAL | The RSI value for BAER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BAER has a negative trend. |
| Stochastics (14,3) | 48.21 | NEUTRAL | The Stochastics value for BAER is a neutral value. |
| Average True Range in percent/ATR (20) | 7.07 | HIGH VOLATILITY | The high ATR as a percentage value for BAER suggests high volalility. |
| Average Directional Index/ADX (14) | 19.12 | NEGATIVE | The low ADX value for BAER suggests a weak or negative trend. |
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)
1.84
+0.05 (+2.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg2.79%
1 Week-5.15%
2 Weeks18.71%
1 Month0%
3 Month18.71%
6 Month-38.25%
12 Month-43.9%
2 Year-69.08%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%7.07%
ATR Inc-48.53%
Range Today0.07
ADR(20)0.13
ADR(20)%6.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.84
Mansfield-2.47
10 Day High2.11
10 Day Low1.57
20 Day High2.11
20 Day Low1.55
52 Week High4.43
52 Week Low1.02
CS1 End1.79
CR1 Start1.9
Volume & EV
DER(3)-4.66%
DER(5)-3.57%
Volume107.50K
Volume Incr-41.51%
Vol(5)137.28K
Vol(50)214.51K