BRADY CORPORATION - CL A (BRC) Technical Analysis
NYSE:BRC • US1046741062
Taking everything into account, BRC scores 9 out of 10 in our technical rating. In the last year, BRC was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month BRC has a been trading in the 86.43 - 99.28 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, BRC did better than 82% of all other stocks. On top of that, BRC also shows a nice and consistent pattern of rising prices.
- BRC is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 81% of 81 stocks in the same industry.
- BRC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BRC is performing more or less in line with the market.
BRC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 87.13, a Stop Loss order could be placed below this zone.
More info and screens
64.49
When analyzing the support we can see 4 important areas.
- A support zone ranging from 86.08 to 87.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @80.16 from a trend line in the weekly time frame.
- A support zone ranging from 77.69 to 78.65. 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.
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 | NEUTRAL | NEUTRAL | The short term trend for BRC is neutral. |
| ChartMill Relative Strength | 82.06 | POSITIVE | BRC has a high relative strength, it outperformed 82.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRC is below a declining 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) | 46.73 | NEUTRAL | The RSI value for BRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.78 | NEGATIVE | The MACD value suggests BRC has a negative trend. |
| Stochastics (14,3) | 29.87 | NEUTRAL | The Stochastics value for BRC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for BRC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.75 | POSITIVE | The high ADX value value for BRC suggests a strong 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 |
|---|---|---|---|
| 91.44 | 86.90 | 4.55 (4.97%) | 20.12% |
| An entry @91.44. This is a Buy Stop order right above the 10 day moving average. | An exit @86.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.55 points, which is 4.97%. | When investing 20.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BRC. Please evaluate whether better entry and exit points can be found.
- 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.
BRC Technicals: Chart, Performance Metrics, Trend & Indicators
89.52
-0.14 (-0.16%)
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 46.7341. 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 -0.775734, 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 neutral.