Taking everything into account, BRBS scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BRBS is showing a nice and steady performance.
Although BRBS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.52
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.04 to 4.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.78 to 3.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.56 to 3.61. 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 BRBS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRBS is up. |
| ChartMill Relative Strength | 85.26 | POSITIVE | BRBS has a high relative strength, it outperformed 85.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BRBS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRBS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRBS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.94 | NEUTRAL | The RSI value for BRBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BRBS has a positive trend. |
| Stochastics (14,3) | 73.44 | NEUTRAL | The Stochastics value for BRBS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for BRBS suggests some volalility. |
| Average Directional Index/ADX (14) | 22.54 | NEUTRAL | The ADX value for BRBS suggests a possible start of a new trend. |
4.43
+0.1 (+2.31%)
BLUE RIDGE BANKSHARES INC / BRBS FAQ
What is the ChartMill technical rating of BLUE RIDGE BANKSHARES INC (BRBS) stock?
ChartMill assigns a technical rating of 9 / 10 to BRBS.
What is the trend direction for BRBS stock?
The current trend direction for BLUE RIDGE BANKSHARES INC (BRBS) is Bullish.
What is the RSI signal for BRBS stock?
BLUE RIDGE BANKSHARES INC (BRBS) has an RSI value of 58.9433. This indicates that the stock is currently neutral.
What is the short term momentum for BLUE RIDGE BANKSHARES INC (BRBS) stock?
The short term momentum for BLUE RIDGE BANKSHARES INC (BRBS) is positive.
What is the support and resistance level for BRBS stock?
BLUE RIDGE BANKSHARES INC (BRBS) has a support level at 4.11. Check the full technical report for our detailed analysis of BRBS support and resistance levels.