INNOVATOR EQ MNG 100 BFR ETF (BFRZ) Stock Technical Analysis
NYSEARCA:BFRZ - NYSE Arca - US45784N6195 - ETF - Currency: USD
Taking everything into account, BFRZ scores 3 out of 10 in our technical rating. In the last year, BFRZ was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
BFRZ has a poor technical rating and the quality of the setup is also 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
24.78
We found 1 important support area.
- A support zone ranging from 25.03 to 25.27. 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 one important area.
- A resistance zone ranging from 25.29 to 25.29. 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 BFRZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BFRZ is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BFRZ has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 81.8 | OVERBOUGHT | The high RSI value suggests BFRZ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BFRZ has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 56.36 | POSITIVE | The high ADX value value for BFRZ suggests a strong trend. |
NYSEARCA:BFRZ (6/4/2025, 8:07:30 PM)
25.2849
+0.02 (+0.1%)