BLACK ROCK COFFEE BAR INC-A (BRCB) Stock Technical Analysis
USA - NASDAQ:BRCB - US0922441029 - Common Stock
We assign a technical rating of 2 out of 10 to BRCB. In the last year, BRCB was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of BRCB 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
21.67
We found 1 important resistance area.
- A resistance zone ranging from 24.08 to 24.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 BRCB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRCB is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | BRCB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRCB is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 34.91 | NEUTRAL | The RSI value for BRCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests BRCB has a negative trend. |
| Stochastics (14,3) | 17.03 | OVERSOLD | The low Stochastics value suggests BRCB may be oversold. |
| Average True Range in percent/ATR (20) | 7.09 | HIGH VOLATILITY | The high ATR as a percentage value for BRCB suggests high volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for BRCB suggests a possible start of a new trend. |
21.89
-1.23 (-5.32%)
BLACK ROCK COFFEE BAR INC-A / BRCB FAQ
What is the ChartMill technical rating of BLACK ROCK COFFEE BAR INC-A (BRCB) stock?
ChartMill assigns a technical rating of 2 / 10 to BRCB.
What is the trend direction for BRCB stock?
The current trend direction for BLACK ROCK COFFEE BAR INC-A (BRCB) is Bullish.
What is the RSI signal for BLACK ROCK COFFEE BAR INC-A (BRCB) stock?
BLACK ROCK COFFEE BAR INC-A (BRCB) has an RSI value of 34.9068. This indicates that the stock is currently neutral.
What is the short term momentum for BLACK ROCK COFFEE BAR INC-A (BRCB) stock?
The short term momentum for BLACK ROCK COFFEE BAR INC-A (BRCB) is neutral.