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 0 out of 10 in our technical rating. BRC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
66% of all other stocks performed better in the past year than BRC.
In the last month BRC has a been trading in the 65.76 - 70.20 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
BRC is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry, BRC did better than 42% of them.
BRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRC is lagging the market.
Although the technical rating is bad, BRC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 69.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 69.06, a Stop Loss order could be placed below this zone.
More info and screens
63.68
77.58
When analyzing the support we can see 2 important areas.
- A support zone ranging from 66.53 to 69.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 69.40 to 70.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @72.27 from a trend line in the weekly time frame.
- A resistance zone ranging from 74.50 to 74.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The long term trend for BRC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRC is neutral. |
| ChartMill Relative Strength | 34.05 | NEUTRAL | BRC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BRC is above 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) | 51.02 | NEUTRAL | The RSI value for BRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests BRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.93 | NEUTRAL | The Stochastics value for BRC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for BRC suggests low volalility. |
| Average Directional Index/ADX (14) | 11.24 | 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)
69.23
+0.22 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.32%
1 Week0.6%
2 Weeks0.46%
1 Month-0.35%
3 Month2.52%
6 Month-5.82%
12 Month-0.77%
2 Year34.22%
3 Year44.68%
5 Year50.6%
10 Year194.35%
15 Year148.94%
Volatility
ATR(14)1.2
ATR(20)%1.87%
ATR Inc-41.79%
Range Today0.72
ADR(20)1.27
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.05
Mansfield-1.09
10 Day High70.21
10 Day Low67.66
20 Day High70.21
20 Day Low65.76
52 Week High77.68
52 Week Low62.7
CS1 End69.06
CR1 Start69.4
Volume & EV
DER(3)2.2%
DER(5)2.01%
Volume126.60K
Volume Incr-32.84%
Vol(5)162.66K
Vol(50)211.27K