BLACK ROCK COFFEE BAR INC-A (BRCB) Technical Analysis
NASDAQ:BRCB • US0922441029
We assign a technical rating of 2 out of 10 to BRCB. BRCB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 100% of all other stocks performed better in the past year than BRCB.
- BRCB is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 92% of 125 stocks in the same industry do better.
- In the last month BRCB has a been trading in the 11.51 - 17.49 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of BRCB is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.29
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.46 to 16.46. 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 BRCB is neutral. |
| 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) | UP | POSITIVE | The current price of BRCB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRCB is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 58.22 | NEUTRAL | The RSI value for BRCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests BRCB has a positive trend. |
| Stochastics (14,3) | 83.36 | OVERBOUGHT | The high Stochastics value suggests BRCB may be overbought. |
| Average True Range in percent/ATR (20) | 7.3 | HIGH VOLATILITY | The high ATR as a percentage value for BRCB suggests high volalility. |
| Average Directional Index/ADX (14) | 42.52 | POSITIVE | The high ADX value value for BRCB suggests a strong trend. |
BRCB Technicals: Chart, Performance Metrics, Trend & Indicators
16.45
+0.23 (+1.42%)
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 current trend direction of BLACK ROCK COFFEE BAR INC-A (BRCB) stock?
The current trend direction for BLACK ROCK COFFEE BAR INC-A (BRCB) is Bearish.
What is the RSI signal for BRCB stock?
BLACK ROCK COFFEE BAR INC-A (BRCB) has an RSI value of 58.2156. 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.
What is the support and resistance level for BRCB stock?
BLACK ROCK COFFEE BAR INC-A (BRCB) has a resistance level at 16.46. Check the full technical report for our detailed analysis of BRCB support and resistance levels.