BRUNSWICK CORP (BC) Stock Technical Analysis
NYSE:BC • US1170431092
Taking everything into account, BC scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BC is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- BC is one of the better performing stocks in the Leisure Products industry, it outperforms 86% of 31 stocks in the same industry.
- BC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month BC has a been trading in the 78.15 - 89.59 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- When comparing the yearly performance of all stocks, we notice that BC is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
BC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 88.30. Right above this resistance zone may be a good entry point.
More info and screens
57.77
When analyzing the support we can see 5 important areas.
- Support @84.22 from a trend line in the daily time frame.
- A support zone ranging from 79.66 to 80.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @69.51 from a trend line in the weekly time frame.
- Support @64.89 from a trend line in the daily time frame.
- Support @58.35 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 88.30 to 88.73. This zone is formed by a combination of multiple trend lines 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 BC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BC is up. |
| ChartMill Relative Strength | 88.22 | POSITIVE | BC has a high relative strength, it outperformed 88.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.8 | NEUTRAL | The RSI value for BC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests BC has a negative trend. |
| Stochastics (14,3) | 74.61 | NEUTRAL | The Stochastics value for BC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for BC suggests some volalility. |
| Average Directional Index/ADX (14) | 32.88 | POSITIVE | The high ADX value value for BC suggests a strong trend. |
86.17
-0.55 (-0.63%)
BRUNSWICK CORP / BC FAQ
What is the technical rating for BC stock?
ChartMill assigns a technical rating of 8 / 10 to BC.
What is the current trend direction of BRUNSWICK CORP (BC) stock?
The current trend direction for BRUNSWICK CORP (BC) is Bullish.
What is the RSI signal for BRUNSWICK CORP (BC) stock?
BRUNSWICK CORP (BC) has an RSI value of 55.804. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BRUNSWICK CORP?
The short term momentum for BRUNSWICK CORP (BC) is positive.
What are the support and resistance levels for BRUNSWICK CORP (BC) stock?
BRUNSWICK CORP (BC) has a support level at 84.22 and a resistance level at 88.3. Check the full technical report for our detailed analysis of BC support and resistance levels.