BROWN FLEX EQUITY ETF (BAFE) Stock Technical Analysis
NASDAQ:BAFE - Nasdaq - US00775Y3229 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to BAFE. In the last year, BAFE was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, BAFE does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 26.03, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
24.38
2 important support areas can be observed.
- A support zone ranging from 25.71 to 26.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.63 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.40 to 26.85. 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 | UP | POSITIVE | The long term trend for BAFE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BAFE is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | BAFE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BAFE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BAFE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 46.69 | NEUTRAL | The RSI value for BAFE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BAFE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.6 | NEUTRAL | The Stochastics value for BAFE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for BAFE suggests low volalility. |
| Average Directional Index/ADX (14) | 26.85 | POSITIVE | The high ADX value value for BAFE suggests a strong trend. |
NASDAQ:BAFE (8/6/2025, 8:09:46 PM)
26.1047
+0.11 (+0.41%)