BRADY CORPORATION - CL A (BRC) Stock Technical Analysis
NYSE:BRC - New York Stock Exchange, Inc. - US1046741062 - Common Stock - Currency: USD
Taking everything into account, BRC scores 1 out of 10 in our technical rating. BRC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month BRC has a been trading in the 68.15 - 77.00 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, BRC outperforms 53% of them, which is more or less in line with the market.
BRC is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry, BRC did better than 54% of them.
BRC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BRC is lagging the market slightly.
The technical rating of BRC is bad and it also does not present a 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.
More info and screens
63.68
77.58
3 important support areas can be observed.
- Support @68.02 from a trend line in the weekly time frame.
- Support @66.53 from a horizontal line in the weekly time frame.
- A support zone ranging from 64.32 to 65.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @74.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 76.63 to 76.81. 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 | DOWN | NEGATIVE | The short term trend for BRC is down. |
| ChartMill Relative Strength | 53.17 | NEUTRAL | BRC is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of BRC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.6 | NEUTRAL | The RSI value for BRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests BRC has a negative trend. |
| Stochastics (14,3) | 6.19 | OVERSOLD | The low Stochastics value suggests BRC may be oversold. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for BRC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.78 | NEGATIVE | The low ADX value for BRC suggests a weak or negative 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)
68.76
-1.07 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-1.53%
1 Week-3.86%
2 Weeks-6.45%
1 Month-0.33%
3 Month-1.12%
6 Month-5.52%
12 Month0.84%
2 Year44.21%
3 Year41.74%
5 Year34.48%
10 Year171.78%
15 Year136.45%
Volatility
ATR(14)1.77
ATR(20)%2.36%
ATR Inc-29.35%
Range Today0.75
ADR(20)1.5
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.17
Mansfield-0.56
10 Day High77
10 Day Low68.48
20 Day High77
20 Day Low68.15
52 Week High77.68
52 Week Low62.7
CS1 End68.02
CR1 Start74.58
Volume & EV
DER(3)-0.13%
DER(5)0.13%
Volume166.20K
Volume Incr33.31%
Vol(5)218.38K
Vol(50)225.36K