Brick Brewing J (BRB.CA) Stock Technical Analysis
TSX:BRB - Toronto Stock Exchange -
Taking everything into account, BRB scores 1 out of 10 in our technical rating. BRB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
Warning: BRB has an average volume of 5769 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BRB has a been trading in the 3.38 - 3.80 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, BRB outperforms 45% of them, which is more or less in line with the market.
BRB 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 BRB is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BRB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 3.52, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BRB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.34
4.15
2 important support areas can be observed.
- A support zone ranging from 3.51 to 3.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.37 to 3.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.63 to 3.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.88 to 3.92. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 4.07 to 4.11. 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 | DOWN | NEGATIVE | The long term trend for BRB.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRB.CA is down. |
| ChartMill Relative Strength | 45.15 | NEUTRAL | BRB.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRB.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRB.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRB.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.55 | NEUTRAL | The RSI value for BRB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BRB.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.43 | NEUTRAL | The Stochastics value for BRB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for BRB.CA suggests some volalility. |
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)
TSX:BRB (6/11/2019, 3:30:00 PM)
3.61
-0.04 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.1%
1 Week-2.17%
2 Weeks-3.73%
1 Month-2.7%
3 Month-11.08%
6 Month28.93%
12 Month-8.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%2.88%
ATR Inc-1.41%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.15
Mansfield-0.72
10 Day High3.72
10 Day Low3.51
20 Day High3.8
20 Day Low3.38
52 Week High4.52
52 Week Low2.52
CS1 End3.52
CR1 Start3.63
Volume & EV
DER(3)30.45%
DER(5)22.45%
Volume405
Volume Incr-66.64%
Vol(5)2.42K
Vol(50)5.77K