BRUNSWICK CORP (BC) Technical Analysis
NYSE:BC • US1170431092
Overall BC gets a technical rating of 1 out of 10. BC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month BC has a been trading in the 67.06 - 90.25 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- BC is one of the better performing stocks in the Leisure Products industry, it outperforms 74% of 32 stocks in the same industry.
- BC has an average volume of 1045710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, BC outperforms 61% of them, which is more or less in line with the market.
- BC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BC is lagging the market slightly.
The technical rating of BC is bad and it also does not present a quality setup 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
57.77
4 important support areas can be observed.
- A support zone ranging from 68.98 to 68.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.35 from a trend line in the daily time frame.
- Support @62.60 from a trend line in the daily time frame.
- Support @58.35 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @88.73 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for BC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BC is down. |
| ChartMill Relative Strength | 61.7 | NEUTRAL | BC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BC is below a declining 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) | 27.22 | OVERSOLD | The low RSI value suggests BC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.39 | NEGATIVE | The MACD value suggests BC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.05 | OVERSOLD | The low Stochastics value suggests BC may be oversold. |
| Average True Range in percent/ATR (20) | 5.41 | HIGH VOLATILITY | The high ATR as a percentage value for BC suggests high volalility. |
| Average Directional Index/ADX (14) | 35.37 | POSITIVE | The high ADX value value for BC suggests a strong trend. |
BC Technicals: Chart, Performance Metrics, Trend & Indicators
68.99
-2.08 (-2.93%)
BRUNSWICK CORP / BC FAQ
What is the technical rating for BC stock?
ChartMill assigns a technical rating of 1 / 10 to BC.
What is the current trend direction of BRUNSWICK CORP (BC) stock?
The current trend direction for BRUNSWICK CORP (BC) is Bearish.
What is the RSI signal for BRUNSWICK CORP (BC) stock?
BRUNSWICK CORP (BC) has an RSI value of 27.2238. This indicates that the stock is currently oversold.
Can you provide the short term momentum for BRUNSWICK CORP?
The short term momentum for BRUNSWICK CORP (BC) is negative.
What are the support and resistance levels for BRUNSWICK CORP (BC) stock?
BRUNSWICK CORP (BC) has a support level at 68.98 and a resistance level at 88.73. Check the full technical report for our detailed analysis of BC support and resistance levels.