BRAEMAR HOTELS & RESORTS INC (BHR) Technical Analysis
NYSE:BHR • US10482B1017
Current stock price
BHR Technical Rating and Analysis
Overall BHR gets a technical rating of 2 out of 10. BHR 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When compared to the yearly performance of all other stocks, BHR outperforms 46% of them, which is more or less in line with the market.
- BHR is an average performer in the Diversified REITs industry, it outperforms 41% of 121 stocks in the same industry.
- BHR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BHR is lagging the market.
- In the last month BHR has a been trading in the 2.28 - 2.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
BHR Weekly and Daily overview Charts
BHR Setup Rating and Analysis
BHR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BHR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
BHR Support and Resistance Analysis
2.21
We found 2 important support areas.
- A support zone ranging from 2.27 to 2.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.23 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.41 to 2.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.54 to 2.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.81 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.98 to 3.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
BHR 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 | DOWN | NEGATIVE | The long term trend for BHR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BHR is neutral. |
| ChartMill Relative Strength | 46.78 | NEUTRAL | BHR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BHR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BHR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BHR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.93 | NEUTRAL | The RSI value for BHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BHR has a positive trend. |
| Stochastics (14,3) | 23.71 | NEUTRAL | The Stochastics value for BHR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for BHR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.1 | NEGATIVE | The low ADX value for BHR suggests a weak or negative trend. |
BHR Chart- and CandleStick Pattern Analysis
BHR Technicals: Chart, Performance Metrics, Trend & Indicators
2.4
-0.02 (-0.83%)
BRAEMAR HOTELS & RESORTS INC / BHR TA FAQ
Can you provide the ChartMill technical rating for BRAEMAR HOTELS & RESORTS INC?
ChartMill assigns a technical rating of 2 / 10 to BHR.
What is the trend direction for BHR stock?
The current trend direction for BRAEMAR HOTELS & RESORTS INC (BHR) is Bearish.
Can you provide the RSI signal for BRAEMAR HOTELS & RESORTS INC?
BRAEMAR HOTELS & RESORTS INC (BHR) has an RSI value of 45.9253. This indicates that the stock is currently neutral.
What is the MACD signal for BHR stock?
The MACD indicator for BRAEMAR HOTELS & RESORTS INC (BHR) has a value of 0.00262048, indicating a bearish trend.