BRAEMAR HOTELS & RESORTS INC (BHR) Stock Technical Analysis
NYSE:BHR - New York Stock Exchange, Inc. - US10482B1017 - REIT - Currency: USD
We assign a technical rating of 7 out of 10 to BHR. BHR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BHR is part of the Diversified REITs industry. There are 130 other stocks in this industry. BHR outperforms 72% of them.
In the last month BHR has a been trading in the 2.38 - 2.69 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, BHR outperforms 56% of them, which is more or less in line with the market.
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.
BHR 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 2.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.59, a Stop Loss order could be placed below this zone.
More info and screens
1.83
3.15
3 important support areas can be observed.
- A support zone ranging from 2.54 to 2.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.43 to 2.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.85 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.68 to 2.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.12 from a trend line in the weekly 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 BHR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BHR is up. |
| ChartMill Relative Strength | 56.59 | NEUTRAL | BHR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BHR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BHR is above the rising 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) | 62.72 | NEUTRAL | The RSI value for BHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BHR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 82.88 | OVERBOUGHT | The high Stochastics value suggests BHR may be overbought. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for BHR suggests some volalility. |
| Average Directional Index/ADX (14) | 29.71 | POSITIVE | The high ADX value value for BHR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 2.69 | 2.53 | 0.16 (5.95%) | 16.81% |
| An entry @2.69. This is a Buy Stop order right above the resistance zone. | An exit @2.53. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.16 points, which is 5.95%. | For a 1.00% total portfolio risk, you can invest 16.81% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BHR. Please evaluate whether better entry and exit points can be found.
- 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.
2.67
+0.02 (+0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.75%
1 Week4.71%
2 Weeks0.75%
1 Month5.53%
3 Month35.53%
6 Month0.38%
12 Month-16.04%
2 Year-27.84%
3 Year-48.55%
5 Year9.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%4.31%
ATR Inc14.77%
Range Today0.14
ADR(20)0.11
ADR(20)%4.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.59
Mansfield-1.21
10 Day High2.67
10 Day Low2.44
20 Day High2.7
20 Day Low2.38
52 Week High3.95
52 Week Low1.8
CS1 End2.59
CR1 Start2.68
Volume & EV
DER(3)-2.93%
DER(5)-1.29%
Volume211.20K
Volume Incr-20.91%
Vol(5)225.94K
Vol(50)286.58K