BRADY CORPORATION - CL A (BRC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BRC - US1046741062 - Common Stock
Taking everything into account, BRC 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, BRC is showing a nice and steady performance.
BRC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 82.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 80.63, a Stop Loss order could be placed below this zone.
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64.49
5 important support areas can be observed.
- A support zone ranging from 77.25 to 80.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @74.74 from a horizontal line in the daily time frame.
- A support zone ranging from 72.50 to 73.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @70.75 from a trend line in the weekly time frame.
- Support @65.14 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 82.22 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 | UP | POSITIVE | The long term trend for BRC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRC is up. |
| ChartMill Relative Strength | 72.2 | POSITIVE | BRC has a high relative strength, it outperformed 72.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRC is above the rising 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) | 62.26 | NEUTRAL | The RSI value for BRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests BRC has a positive trend. |
| Stochastics (14,3) | 79.8 | NEUTRAL | The Stochastics value for BRC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for BRC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.24 | NEUTRAL | The ADX value for BRC suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 82.76 | 77.73 | 5.03 (6.08%) | 16.45% |
| An entry @82.76. This is a Buy Stop order right above the resistance zone. | An exit @77.73. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.03 points, which is 6.08%. | When investing 16.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
82.21
-0.11 (-0.13%)
BRADY CORPORATION - CL A / BRC FAQ
What is the technical rating for BRC stock?
ChartMill assigns a technical rating of 9 / 10 to BRC.
What is the current trend direction of BRADY CORPORATION - CL A (BRC) stock?
The current trend direction for BRADY CORPORATION - CL A (BRC) is Bullish.
What is the RSI signal for BRADY CORPORATION - CL A (BRC) stock?
BRADY CORPORATION - CL A (BRC) has an RSI value of 62.2648. This indicates that the stock is currently neutral.
What is the MACD signal for BRADY CORPORATION - CL A (BRC) stock?
The MACD indicator for BRADY CORPORATION - CL A (BRC) has a value of 0.0914279, indicating a bearish trend.
Can you provide the short term momentum for BRADY CORPORATION - CL A?
The short term momentum for BRADY CORPORATION - CL A (BRC) is positive.