BRUNSWICK CORP (BC) Stock Technical Analysis
NYSE:BC - New York Stock Exchange, Inc. - US1170431092 - Common Stock - Currency: USD
Taking everything into account, BC scores 7 out of 10 in our technical rating. BC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, BC turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
BC is part of the Leisure Products industry. There are 30 other stocks in this industry, BC did better than 65% of them.
BC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BC is lagging the market.
In the last month BC has a been trading in the 54.20 - 62.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BC has an excellent technical rating, but the quality of the setup is only medium 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
53.44
65.81
We found 2 important support areas.
- A support zone ranging from 58.65 to 59.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 53.98 to 56.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 60.58 to 61.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @65.16 from a trend line in the weekly time frame.
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 | 48.64 | NEUTRAL | BC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BC is above the rising 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) | DOWN | NEGATIVE | The current price of BC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.2 | NEUTRAL | The RSI value for BC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests BC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.28 | NEUTRAL | The Stochastics value for BC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for BC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.79 | NEUTRAL | The ADX value for BC suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 61.52 | 58.64 | 2.88 (4.68%) | 21.36% |
| An entry @61.52. This is a Buy Stop order right above the resistance zone. | An exit @58.64. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.88 points, which is 4.68%. | When investing 21.36% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
59.56
-1.01 (-1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-1.67%
1 Week2.37%
2 Weeks7.14%
1 Month3.85%
3 Month35.98%
6 Month-11.7%
12 Month-23.56%
2 Year-30.99%
3 Year-25.66%
5 Year-11.08%
10 Year12.19%
15 Year252.01%
Volatility
ATR(14)1.96
ATR(20)%3.3%
ATR Inc-34.51%
Range Today1.47
ADR(20)1.86
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.64
Mansfield-1.7
10 Day High62.47
10 Day Low54.73
20 Day High62.47
20 Day Low54.2
52 Week High87.65
52 Week Low41
CS1 End59.12
CR1 Start60.58
Volume & EV
DER(3)-2.44%
DER(5)-1.56%
Volume582.90K
Volume Incr-20.55%
Vol(5)717.64K
Vol(50)913.12K