BROAD CAPITAL ACQUISITION CO (BRAC) Stock Technical Analysis
NASDAQ:BRAC - Nasdaq - US11125B1026 - Common Stock - Currency: USD
Overall BRAC gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BRAC is only an average performer.
In the last month BRAC has a been trading in the 11.45 - 13.59 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BRAC has an average volume of 4340 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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!
When comparing the performance of all stocks over the past year, BRAC turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
BRAC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BRAC is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
BRAC 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 support zone below the current price at 11.69, a Stop Loss order could be placed below this zone.
More info and screens
10.86
12.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.49 to 11.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.26 to 11.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.97 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.81 to 12.06. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS57.97
Mansfield-1.36
10 Day High13.59
10 Day Low11.67
20 Day High13.59
20 Day Low11.45
52 Week High13.59
52 Week Low10.64
Performance
1 Week-0.09%
2 Weeks-0.59%
1 Month0.86%
3 Month3.08%
6 Month4.28%
12 Month9.65%
2 Year12.28%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.02
RSI(14)48.76
LBB11.31
UBB12.41
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 |
|---|---|---|---|
| 12.07 | 11.66 | 0.41 (3.40%) | 25.00% |
| An entry @12.07. This is a Buy Stop order right above the resistance zone. | An exit @11.66. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.41 points, which is 3.40%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- The distance between exit and entry is rather small compared to the average daily movement of BRAC. 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.
NASDAQ:BRAC (1/22/2025, 8:08:12 PM)
11.7
-0.11 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.93%
1 Week-0.09%
2 Weeks-0.59%
1 Month0.86%
3 Month3.08%
6 Month4.28%
12 Month9.65%
2 Year12.28%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%2.56%
ATR Inc19.53%
Range Today0.21
ADR(20)0.2
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.97
Mansfield-1.36
10 Day High13.59
10 Day Low11.67
20 Day High13.59
20 Day Low11.45
52 Week High13.59
52 Week Low10.64
CS1 End11.69
CR1 Start11.81
Volume & EV
DER(3)-3.7%
DER(5)-5.35%
Volume1.10K
Volume Incr-67.01%
Vol(5)2.06K
Vol(50)4.34K