BROADRIDGE FINANCIAL SOLUTIO (BR) Stock Technical Analysis
NYSE:BR - US11133T1034 - Common Stock
262.18 USD
+1.35 (+0.52%)
262.18 USD
0 (0%)
Overall BR 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, BR is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BR is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by BR over the past year are nicely spread over this period.
BR is one of the better performing stocks in the IT Services industry, it outperforms 71% of 83 stocks in the same industry.
BR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BR is lagging the market slightly.
BR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
BR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 265.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 261.53, a Stop Loss order could be placed below this zone.
More info and screens
219.25
269.57
When analyzing the support we can see 4 important areas.
- A support zone ranging from 257.23 to 261.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 233.74 to 242.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 225.03 to 228.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @221.46 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 265.95 to 266.90. 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 BR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BR is up. |
| ChartMill Relative Strength | 78.18 | POSITIVE | BR has a high relative strength, it outperformed 78.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.34 | NEUTRAL | The RSI value for BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests BR has a negative trend. |
| Stochastics (14,3) | 60.08 | NEUTRAL | The Stochastics value for BR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for BR suggests low volalility. |
| Average Directional Index/ADX (14) | 30.54 | POSITIVE | The high ADX value value for BR 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 266.91 | 257.22 | 9.69 (3.63%) | 25.00% |
| An entry @266.91. This is a Buy Stop order right above the resistance zone. | An exit @257.22. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 9.69 points, which is 3.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
262.18
+1.35 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.52%
1 Week0.61%
2 Weeks-1.41%
1 Month3.35%
3 Month10.64%
6 Month11.41%
12 Month25.43%
2 Year40.8%
3 Year53.17%
5 Year90.82%
10 Year396.65%
15 Year1128.01%
Volatility
ATR(14)5
ATR(20)%1.95%
ATR Inc-47.27%
Range Today3.3
ADR(20)4.92
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.18
Mansfield0.26
10 Day High266.37
10 Day Low256.95
20 Day High271.91
20 Day Low242.42
52 Week High271.91
52 Week Low206.95
CS1 End261.53
CR1 Start265.95
Volume & EV
DER(3)-3.28%
DER(5)-2%
Volume651.10K
Volume Incr-38.09%
Vol(5)624.74K
Vol(50)700.31K