BROOKFIELD REINSURANCE LTD (BNRE) Technical Analysis
NYSE:BNRE • BMG162501057
Current stock price
BNRE Technical Rating and Analysis
Overall BNRE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BNRE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: BNRE has an average volume of 4304 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that BNRE is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by BNRE over the past year are nicely spread over this period.
- BNRE is part of the Insurance industry. There are 148 other stocks in this industry. BNRE outperforms 95% of them.
- BNRE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BNRE is performing more or less in line with the market.
- In the last month BNRE has a been trading in the 43.19 - 50.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
BNRE Weekly and Daily overview Charts
BNRE Setup Rating and Analysis
Although BNRE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BNRE Support and Resistance Analysis
28.90
When analyzing the support we can see 6 important areas.
- Support @45.01 from a trend line in the daily time frame.
- Support @44.26 from a trend line in the weekly time frame.
- A support zone ranging from 42.64 to 43.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 40.17 to 40.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.07 from a horizontal line in the daily time frame.
- Support @29.19 from a horizontal line in the weekly time frame.
BNRE Technical Indicator Signal Analysis
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 BNRE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNRE is up. |
| ChartMill Relative Strength | 85.98 | POSITIVE | BNRE has a high relative strength, it outperformed 85.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BNRE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNRE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BNRE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.57 | NEUTRAL | The RSI value for BNRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests BNRE has a negative trend. |
| Stochastics (14,3) | 32.87 | NEUTRAL | The Stochastics value for BNRE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for BNRE suggests some volalility. |
| Average Directional Index/ADX (14) | 22.23 | NEUTRAL | The ADX value for BNRE suggests a possible start of a new trend. |
BNRE Chart- and CandleStick Pattern Analysis
BNRE Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:BNRE (9/5/2024, 8:12:56 PM)
47.12
-0.38 (-0.8%)
BROOKFIELD REINSURANCE LTD / BNRE TA FAQ
What is the technical rating for BNRE stock?
ChartMill assigns a technical rating of 10 / 10 to BNRE.
What is the current trend direction of BROOKFIELD REINSURANCE LTD (BNRE) stock?
The current trend direction for BROOKFIELD REINSURANCE LTD (BNRE) is Bullish.
Can you provide the RSI signal for BROOKFIELD REINSURANCE LTD?
BROOKFIELD REINSURANCE LTD (BNRE) has an RSI value of 49.573. This indicates that the stock is currently neutral.
What is the MACD signal for BNRE stock?
The MACD indicator for BROOKFIELD REINSURANCE LTD (BNRE) has a value of -0.10999, indicating a bearish trend.
What is the buy/sell signal for BROOKFIELD REINSURANCE LTD (BNRE) stock?
The buy/sell signal for BROOKFIELD REINSURANCE LTD (BNRE) is buy as both the short term and long term trends are positive.