BROADRIDGE FINANCIAL SOLUTIO (BR)
US11133T1034 - Common Stock
We assign a technical rating of 8 out of 10 to BR. Although BR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
BR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
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.
When comparing the performance of all stocks over the past year, BR turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
BR is an average performer in the IT Services industry, it outperforms 54% of 83 stocks in the same industry.
BR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 235.61. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
195.94
238.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 214.63 to 215.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 205.56 to 208.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @197.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 235.61 to 236.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.4
Mansfield-0.02
10 Day High237.96
10 Day Low227.2
20 Day High237.96
20 Day Low221.57
52 Week High237.96
52 Week Low188.3
Performance
1 Week-0.25%
2 Weeks3.5%
1 Month6.44%
3 Month13.41%
6 Month18.88%
12 Month23.03%
2 Year75.52%
3 Year28.78%
5 Year90.57%
10 Year409.81%
15 Year943.57%
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)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)67.23
LBB223.88
UBB240.01
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 |
|---|---|---|---|
| 236.46 | 227.19 | 9.27 (3.92%) | 25.00% |
| An entry @236.46. This is a Buy Stop order right above the resistance zone. | An exit @227.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.27 points, which is 3.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%. |
- 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.
BROADRIDGE FINANCIAL SOLUTIO
NYSE:BR (12/6/2024, 8:04:01 PM)
After market: 235.43 0 (0%)235.43
-0.48 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.2%
1 Week-0.25%
2 Weeks3.5%
1 Month6.44%
3 Month13.41%
6 Month18.88%
12 Month23.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.45
ATR(20)%1.47%
ATR Inc
Range Today2.59
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High237.96
10 Day Low227.2
20 Day High237.96
20 Day Low221.57
52 Week High237.96
52 Week Low188.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume389.40K
Volume Incr-21.35%
Vol(5)446.86K
Vol(50)491.53K