BRADY CORPORATION - CL A (BRC) Stock Technical Analysis
USA - NYSE:BRC - US1046741062 - Common Stock
81.74 USD
+1.43 (+1.78%)
81.74 USD
0 (0%)
Taking everything into account, BRC scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BRC is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
BRC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BRC is lagging the market slightly.
BRC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that BRC is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
BRC is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry, BRC did better than 67% of them.
BRC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
64.49
83.58
5 important support areas can be observed.
- A support zone ranging from 78.83 to 80.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @72.10 from a trend line in the daily time frame.
- A support zone ranging from 68.97 to 69.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 66.53 to 66.66. 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 81.96 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 | 72.66 | POSITIVE | BRC has a high relative strength, it outperformed 72.66% 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) | 67.26 | NEUTRAL | The RSI value for BRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BRC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.37 | NEUTRAL | The Stochastics value for BRC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for BRC suggests some volalility. |
| Average Directional Index/ADX (14) | 25.16 | POSITIVE | The high ADX value value for BRC suggests a strong trend. |
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)
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 | 78.82 | 3.94 (4.76%) | 21.01% |
| An entry @82.76. This is a Buy Stop order right above the resistance zone. | An exit @78.82. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.94 points, which is 4.76%. | For a 1.00% total portfolio risk, you can invest 21.01% of your capital in this trade. |
- 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.
81.74
+1.43 (+1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.78%
1 Week2.33%
2 Weeks-1.22%
1 Month12.37%
3 Month22.59%
6 Month15.88%
12 Month9.31%
2 Year48.83%
3 Year95.88%
5 Year104.25%
10 Year315.77%
15 Year180.22%
Volatility
ATR(14)2.22
ATR(20)%2.43%
ATR Inc-11.74%
Range Today2.09
ADR(20)1.89
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.66
Mansfield0.13
10 Day High83.52
10 Day Low77.73
20 Day High84.03
20 Day Low72.6
52 Week High84.03
52 Week Low62.7
CS1 End80.17
CR1 Start81.96
Volume & EV
DER(3)-2.27%
DER(5)-0.89%
Volume246.18K
Volume Incr7.23%
Vol(5)193.01K
Vol(50)165.26K