BRENMILLER ENERGY LTD (BNRG) Stock Technical Analysis
NASDAQ:BNRG - Nasdaq - IL0012008152 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BNRG. BNRG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
96% of all other stocks performed better in the past year than BNRG.
BNRG is part of the Electrical Equipment industry. There are 94 other stocks in this industry, of which 80% are performing better than BNRG.
BNRG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BNRG has a been trading in the 0.40 - 0.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of BNRG 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
0.61
1.02
We can see 2 important resistance areas.
- A resistance zone ranging from 0.70 to 0.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.01 from a trend line in the daily time frame.
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 BNRG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BNRG is neutral. |
| ChartMill Relative Strength | 4.7 | NEGATIVE | BNRG has a low relative strength, it was outperformed by 95.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BNRG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BNRG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BNRG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.02 | NEUTRAL | The RSI value for BNRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BNRG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.02 | NEUTRAL | The Stochastics value for BNRG is a neutral value. |
| Average True Range in percent/ATR (20) | 14.85 | HIGH VOLATILITY | The high ATR as a percentage value for BNRG suggests high volalility. |
| Average Directional Index/ADX (14) | 27.59 | POSITIVE | The high ADX value value for BNRG suggests a strong 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)
0.6194
-0.09 (-12.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-12.64%
1 Week16.93%
2 Weeks33.2%
1 Month-21.6%
3 Month-49.64%
6 Month-17.19%
12 Month-38.67%
2 Year-93.4%
3 Year-98.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%14.85%
ATR Inc33.2%
Range Today0.12
ADR(20)0.08
ADR(20)%13.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.7
Mansfield-4.33
10 Day High0.79
10 Day Low0.45
20 Day High0.79
20 Day Low0.4
52 Week High3.06
52 Week Low0.4
CS1 EndN/A
CR1 Start0.7
Volume & EV
DER(3)-1.49%
DER(5)1.06%
Volume664.40K
Volume Incr-58.33%
Vol(5)857.46K
Vol(50)939.89K