BROADSTONE NET LEASE INC (BNL) Stock Technical Analysis
NYSE:BNL - New York Stock Exchange, Inc. - US11135E2037 - REIT - Currency: USD
We assign a technical rating of 1 out of 10 to BNL. BNL 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
BNL 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 BNL is lagging the market.
In the last month BNL has a been trading in the 15.28 - 16.59 range, which is quite wide. It is currently trading near the lows of this range.
BNL has an average volume of 1601080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, BNL outperforms 51% of them, which is more or less in line with the market.
BNL is part of the Diversified REITs industry. There are 129 other stocks in this industry, BNL did better than 64% of them.
The technical rating of BNL 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
14.91
17.70
We found 1 important support area.
- A support zone ranging from 15.06 to 15.20. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 15.89 to 16.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.06 to 17.52. 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 | DOWN | NEGATIVE | The long term trend for BNL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BNL is down. |
| ChartMill Relative Strength | 51.88 | NEUTRAL | BNL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BNL is below 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) | DOWN | NEGATIVE | The current price of BNL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.68 | NEUTRAL | The RSI value for BNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BNL has a negative trend. |
| Stochastics (14,3) | 9.92 | OVERSOLD | The low Stochastics value suggests BNL may be oversold. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for BNL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.67 | NEGATIVE | The low ADX value for BNL suggests a weak or negative 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)
15.46
+0.03 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.19%
1 Week-4.27%
2 Weeks-5.33%
1 Month-2.95%
3 Month-3.13%
6 Month-10.38%
12 Month2.38%
2 Year-1.4%
3 Year-26.9%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%2.19%
ATR Inc-22.69%
Range Today0.21
ADR(20)0.31
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.88
Mansfield-0.95
10 Day High16.59
10 Day Low15.28
20 Day High16.59
20 Day Low15.28
52 Week High19.15
52 Week Low13.96
CS1 End15.2
CR1 Start15.89
Volume & EV
DER(3)6.07%
DER(5)5.15%
Volume2.96M
Volume Incr52.53%
Vol(5)2.04M
Vol(50)1.60M