BRADY CORPORATION - CL A (BRC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BRC - US1046741062 - Common Stock
We assign a technical rating of 8 out of 10 to BRC. 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.
Although BRC has an excellent technical rating, it does not offer a high quality setup 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.
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64.49
When analyzing the support we can see 4 important areas.
- A support zone ranging from 76.15 to 77.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 72.50 to 72.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @70.33 from a trend line in the weekly time frame.
- Support @65.14 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 82.10 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 | 64.04 | NEUTRAL | BRC is not amongst the best or worst performers 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) | 66.26 | NEUTRAL | The RSI value for BRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests BRC has a positive trend. |
| Stochastics (14,3) | 89.64 | OVERBOUGHT | The high Stochastics value suggests BRC may be overbought. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for BRC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.82 | POSITIVE | The high ADX value value for BRC suggests a strong trend. |
82.09
+0.65 (+0.8%)
BRADY CORPORATION - CL A / BRC FAQ
What is the technical rating for BRC stock?
ChartMill assigns a technical rating of 8 / 10 to BRC.
What is the trend direction for 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 66.2569. 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 0.345114, 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 77.82 and a resistance level at 82.1. Check the full technical report for our detailed analysis of BRC support and resistance levels.