BRUNSWICK CORP (BC) Stock Technical Analysis
NYSE:BC • US1170431092
We assign a technical rating of 7 out of 10 to BC. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- Looking at the yearly performance, BC did better than 84% of all other stocks.
- BC is part of the Leisure Products industry. There are 31 other stocks in this industry. BC outperforms 90% of them.
- BC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BC is lagging the market slightly.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- In the last month BC has a been trading in the 78.15 - 90.25 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 and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 88.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 82.51, a Stop Loss order could be placed below this zone.
More info and screens
57.77
We found 5 important support areas.
- A support zone ranging from 80.22 to 82.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @70.71 from a trend line in the weekly time frame.
- Support @64.55 from a trend line in the daily time frame.
- Support @62.16 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.
- A resistance zone ranging from 88.73 to 89.22. 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 | DOWN | NEGATIVE | The short term trend for BC is down. |
| ChartMill Relative Strength | 84.71 | POSITIVE | BC has a high relative strength, it outperformed 84.71% off all stocks 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) | UP | MIXED | The current price of BC is below 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) | 45.1 | NEUTRAL | The RSI value for BC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.89 | NEGATIVE | The MACD value suggests BC has a negative trend. |
| Stochastics (14,3) | 18.34 | OVERSOLD | The low Stochastics value suggests BC may be oversold. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for BC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.87 | NEUTRAL | The ADX value for BC suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 85.67 | 80.21 | 5.46 (6.37%) | 15.70% |
| An entry @85.67. This is a Buy Stop order right above the 10 day moving average. | An exit @80.21. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.46 points, which is 6.37%. | When investing 15.70% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
82.52
+1.56 (+1.93%)
BRUNSWICK CORP / BC FAQ
What is the technical rating for BC stock?
ChartMill assigns a technical rating of 7 / 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 45.0982. 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 negative.
What are the support and resistance levels for BRUNSWICK CORP (BC) stock?
BRUNSWICK CORP (BC) has a support level at 82.51 and a resistance level at 88.73. Check the full technical report for our detailed analysis of BC support and resistance levels.