BCO Technical Analysis - BRINK'S CO/THE

Technical Rating and Analysis

Taking everything into account, BCO scores 6 out of 10 in our technical rating. BCO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!

BCO is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry. BCO outperforms 72% of them.

BCO 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 BCO is lagging the market slightly.

Looking at the yearly performance, BCO did better than 70% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.

In the last month BCO has a been trading in a tight range between 112.63 and 118.60.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

BCO has an average technical rating and the quality of the presented setup is also not ideal 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

79.66

119.52

4 important support areas can be observed.

Support @91.41 from a horizontal line in the daily time frame.
A support zone ranging from 88.67 to 88.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @83.39 from a horizontal line in the daily time frame.
Support @80.46 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 113.04 to 113.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 115.48 to 118.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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Technical Indicator Signal Analysis

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 BCO is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for BCO is neutral.
ChartMill Relative Strength	70.79	POSITIVE	BCO has a high relative strength, it outperformed 70.79% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of BCO is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of BCO is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of BCO is above the rising SMA(200).
Relative Strength Index/RSI (14)	47.65	NEUTRAL	The RSI value for BCO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.75	NEGATIVE	The MACD value suggests BCO has a negative trend.
Stochastics (14,3)	17.56	OVERSOLD	The low Stochastics value suggests BCO may be oversold.
Average True Range in percent/ATR (20)	1.87	LOW VOLATILITY	The low ATR as a percentage value for BCO suggests low volalility.
Average Directional Index/ADX (14)	36.96	POSITIVE	The high ADX value value for BCO suggests a strong trend.