BRAEMAR HOTELS & RESORTS INC (BHR) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:BHR • US10482B1017
Taking everything into account, BHR scores 2 out of 10 in our technical rating. 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.
- In the last month BHR has a been trading in the 2.63 - 3.19 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, BHR outperforms 54% of them, which is more or less in line with the market.
- BHR is an average performer in the Diversified REITs industry, it outperforms 63% of 124 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.
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
We found 4 important support areas.
- A support zone ranging from 2.65 to 2.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.50 from a horizontal line in the daily time frame.
- Support @2.35 from a trend line in the daily time frame.
- Support @1.85 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.80 to 2.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.98 to 3.06. 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 | NEUTRAL | NEUTRAL | The long term trend for BHR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BHR is down. |
| ChartMill Relative Strength | 54.6 | NEUTRAL | BHR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BHR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BHR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BHR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.43 | NEUTRAL | The RSI value for BHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BHR has a negative trend. |
| Stochastics (14,3) | 6.86 | OVERSOLD | The low Stochastics value suggests BHR may be oversold. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for BHR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.95 | NEGATIVE | The low ADX value for BHR suggests a weak or negative trend. |
2.67
-0.06 (-2.2%)
BRAEMAR HOTELS & RESORTS INC / BHR 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.
What is the RSI signal for BRAEMAR HOTELS & RESORTS INC (BHR) stock?
BRAEMAR HOTELS & RESORTS INC (BHR) has an RSI value of 38.4299. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BRAEMAR HOTELS & RESORTS INC?
The MACD indicator for BRAEMAR HOTELS & RESORTS INC (BHR) has a value of -0.0377303, indicating a bearish trend.
What is the short term momentum for BHR stock?
The short term momentum for BRAEMAR HOTELS & RESORTS INC (BHR) is negative.