BROADSTONE NET LEASE INC (BNL) Stock Technical Analysis
USA - NYSE:BNL - US11135E2037 - REIT
Overall BNL gets a technical rating of 4 out of 10. In the last year, BNL was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
BNL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 18.28, a Stop Loss order could be placed below this zone.
More info and screens
15.05
We found 6 important support areas.
- A support zone ranging from 17.75 to 18.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.11 from a trend line in the daily time frame.
- A support zone ranging from 16.62 to 16.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.86 from a horizontal line in the daily time frame.
- Support @15.53 from a trend line in the weekly time frame.
- Support @15.20 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.78 to 18.84. 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 | UP | POSITIVE | The long term trend for BNL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BNL is neutral. |
| ChartMill Relative Strength | 68.06 | NEUTRAL | BNL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BNL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BNL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BNL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.56 | NEUTRAL | The RSI value for BNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BNL has a positive trend. |
| Stochastics (14,3) | 54.78 | NEUTRAL | The Stochastics value for BNL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for BNL suggests low volalility. |
| Average Directional Index/ADX (14) | 19.19 | NEGATIVE | The low ADX value for BNL suggests a weak or negative trend. |
18.33
+0.14 (+0.77%)
BROADSTONE NET LEASE INC / BNL FAQ
What is the ChartMill technical rating of BROADSTONE NET LEASE INC (BNL) stock?
ChartMill assigns a technical rating of 4 / 10 to BNL.
What is the trend direction for BNL stock?
The current trend direction for BROADSTONE NET LEASE INC (BNL) is Bullish.
Can you provide the RSI signal for BROADSTONE NET LEASE INC?
BROADSTONE NET LEASE INC (BNL) has an RSI value of 52.5558. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BROADSTONE NET LEASE INC?
The MACD indicator for BROADSTONE NET LEASE INC (BNL) has a value of 0.00866428, indicating a bearish trend.
What is the short term momentum for BROADSTONE NET LEASE INC (BNL) stock?
The short term momentum for BROADSTONE NET LEASE INC (BNL) is neutral.