BRADY CORPORATION - CL A (BRC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BRC - US1046741062 - Common Stock
Overall BRC gets a technical rating of 4 out of 10. BRC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, BRC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 77.09, a Stop Loss order could be placed below this zone.
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64.49
When analyzing the support we can see 5 important areas.
- A support zone ranging from 74.70 to 77.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 71.68 to 72.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 69.42 to 69.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 66.53 to 66.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.14 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 81.74 to 82.75. 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 | NEUTRAL | NEUTRAL | The long term trend for BRC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRC is up. |
| ChartMill Relative Strength | 66.64 | NEUTRAL | BRC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BRC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BRC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.71 | NEUTRAL | The RSI value for BRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests BRC has a positive trend. |
| Stochastics (14,3) | 79.56 | NEUTRAL | The Stochastics value for BRC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for BRC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.64 | NEGATIVE | The low ADX value for BRC suggests a weak or negative trend. |
77.72
+0.63 (+0.82%)
BRADY CORPORATION - CL A / BRC FAQ
What is the technical rating for BRC stock?
ChartMill assigns a technical rating of 4 / 10 to BRC.
What is the trend direction for BRC stock?
The current trend direction for BRADY CORPORATION - CL A (BRC) is Bearish.
What is the RSI signal for BRADY CORPORATION - CL A (BRC) stock?
BRADY CORPORATION - CL A (BRC) has an RSI value of 57.7149. This indicates that the stock is currently neutral.
What is the MACD signal for BRC stock?
The MACD indicator for BRADY CORPORATION - CL A (BRC) has a value of 0.235259, indicating a bearish trend.
What are the support and resistance levels for BRADY CORPORATION - CL A (BRC) stock?
BRADY CORPORATION - CL A (BRC) has a support level at 77.09 and a resistance level at 81.74. Check the full technical report for our detailed analysis of BRC support and resistance levels.