BRAEMAR HOTELS & RESORTS INC (BHR) Stock Technical Analysis
NYSE:BHR - New York Stock Exchange, Inc. - US10482B1017 - REIT - Currency: USD
Overall BHR gets a technical rating of 3 out of 10. In the past year, BHR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
83% of all other stocks performed better in the past year than BHR.
BHR is one of the lesser performing stocks in the Diversified REITs industry. 74% of 129 stocks in the same industry do better.
BHR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BHR is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BHR has a been trading in the 1.96 - 2.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of BHR is bad and it also does not present a quality setup 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
1.83
3.22
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.28 to 2.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.06 from a trend line in the daily time frame.
- Support @1.85 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.42 to 2.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.62 from a trend line in the daily time frame.
- Resistance @3.19 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 | 17 | NEGATIVE | BHR has a low relative strength, it was outperformed by 83% off all stocks 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) | DOWN | MIXED | The current price of BHR is above 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) | 60.16 | NEUTRAL | The RSI value for BHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BHR has a positive trend. |
| Stochastics (14,3) | 63.28 | NEUTRAL | The Stochastics value for BHR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.79 | HIGH VOLATILITY | The high ATR as a percentage value for BHR suggests high volalility. |
| Average Directional Index/ADX (14) | 23.43 | NEUTRAL | The ADX value for BHR suggests a possible start of a new 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)
2.41
+0.11 (+4.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg4.78%
1 Week5.7%
2 Weeks16.43%
1 Month21.11%
3 Month-19.93%
6 Month-31.73%
12 Month-15.14%
2 Year-40.05%
3 Year-43.82%
5 Year-15.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%5.79%
ATR Inc-13.89%
Range Today0.14
ADR(20)0.13
ADR(20)%5.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17
Mansfield-1.91
10 Day High2.55
10 Day Low1.97
20 Day High2.55
20 Day Low1.96
52 Week High3.95
52 Week Low1.8
CS1 End2.3
CR1 Start2.42
Volume & EV
DER(3)0.27%
DER(5)-0.44%
Volume256.00K
Volume Incr55.28%
Vol(5)416.40K
Vol(50)316.58K