NYSE:BN - New York Stock Exchange, Inc. - CA11271J1075 - Common Stock - Currency: USD
Overall BN gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BN is showing a nice and steady performance.
BN has an excellent technical rating, but the quality of the setup is 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.
48.71
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 BN is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BN is up. |
ChartMill Relative Strength | 89.12 | POSITIVE | BN has a high relative strength, it outperformed 89.12% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BN is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BN is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BN is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 68.39 | NEUTRAL | The RSI value for BN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests BN has a positive trend. |
Stochastics (14,3) | 94.61 | OVERBOUGHT | The high Stochastics value suggests BN may be overbought. |
Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for BN suggests some volalility. |
Average Directional Index/ADX (14) | 16.12 | NEGATIVE | The low ADX value for BN suggests a weak or negative trend. |
62.63
+0.65 (+1.05%)