BROADRIDGE FINANCIAL SOLUTIO (BR) Stock Technical Analysis
NYSE:BR - New York Stock Exchange, Inc. - US11133T1034 - Common Stock - Currency: USD
Overall BR gets a technical rating of 7 out of 10. In the last year, BR was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, BR did better than 78% of all other stocks. We also observe that the gains produced by BR over the past year are nicely spread over this period.
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 an average performer in the IT Services industry, it outperforms 65% of 82 stocks in the same industry.
In the last month BR has a been trading in a tight range between 235.15 and 246.66.
Besides having an excellent technical rating, BR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 238.03, a Stop Loss order could be placed below this zone.
More info and screens
215.04
248.72
When analyzing the support we can see 2 important areas.
- A support zone ranging from 232.73 to 238.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 217.21 to 225.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 241.62 to 246.26. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for BR is neutral. |
| ChartMill Relative Strength | 78.46 | POSITIVE | BR has a high relative strength, it outperformed 78.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BR is above a declining 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) | 48.37 | NEUTRAL | The RSI value for BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests BR has a negative trend. |
| Stochastics (14,3) | 53.78 | NEUTRAL | The Stochastics value for BR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for BR suggests low volalility. |
| Average Directional Index/ADX (14) | 8.76 | NEGATIVE | The low ADX value for BR 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)
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 |
|---|---|---|---|
| 243.14 | 238.55 | 4.60 (1.89%) | 25.00% |
| An entry @243.14. This is a Buy Stop order right above the 10 day moving average. | An exit @238.55. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.60 points, which is 1.89%. | For a 0.47% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BR. Please evaluate whether better entry and exit points can be found.
- 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.
239.83
-1.35 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.56%
1 Week-2.07%
2 Weeks0.05%
1 Month0.99%
3 Month5.35%
6 Month2.7%
12 Month22.91%
2 Year44.8%
3 Year68.24%
5 Year90.05%
10 Year379.56%
15 Year1158.95%
Volatility
ATR(14)3.15
ATR(20)%1.3%
ATR Inc-19.27%
Range Today1.82
ADR(20)2.9
ADR(20)%1.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.46
Mansfield0.11
10 Day High246.66
10 Day Low238.56
20 Day High246.66
20 Day Low235.15
52 Week High247.01
52 Week Low193.85
CS1 End238.03
CR1 Start241.62
Volume & EV
DER(3)0.52%
DER(5)-0.62%
Volume388.40K
Volume Incr-27.58%
Vol(5)389.72K
Vol(50)556.41K