BRC INC-A (BRCC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BRCC - US05601U1051 - Common Stock
Overall BRCC gets a technical rating of 0 out of 10. BRCC'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 95% of all other stocks performed better in the past year than BRCC.
- BRCC is part of the Food Products industry. There are 87 other stocks in this industry, of which 82% are performing better than BRCC.
- BRCC is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month BRCC has a been trading in the 0.93 - 1.26 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
The technical rating of BRCC 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
0.95
When analyzing the support we notice one important area.
- Support @0.96 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.06 from a horizontal line in the daily time frame.
- Resistance @1.13 from a trend line in the daily time frame.
- A resistance zone ranging from 1.18 to 1.19. 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 | DOWN | NEGATIVE | The long term trend for BRCC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRCC is down. |
| ChartMill Relative Strength | 5.58 | NEGATIVE | BRCC has a low relative strength, it was outperformed by 94.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRCC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRCC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.7 | NEUTRAL | The RSI value for BRCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BRCC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.3 | NEUTRAL | The Stochastics value for BRCC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.49 | HIGH VOLATILITY | The high ATR as a percentage value for BRCC suggests high volalility. |
| Average Directional Index/ADX (14) | 29.26 | POSITIVE | The high ADX value value for BRCC suggests a strong trend. |
0.9914
+0.02 (+2.19%)
BRC INC-A / BRCC FAQ
Can you provide the ChartMill technical rating for BRC INC-A?
ChartMill assigns a technical rating of 0 / 10 to BRCC.
What is the trend direction for BRCC stock?
The current trend direction for BRC INC-A (BRCC) is Bearish.
Can you provide the RSI signal for BRC INC-A?
BRC INC-A (BRCC) has an RSI value of 35.701. This indicates that the stock is currently neutral.
What is the short term momentum for BRC INC-A (BRCC) stock?
The short term momentum for BRC INC-A (BRCC) is negative.
What is the buy/sell signal for BRCC stock?
The buy/sell signal for BRC INC-A (BRCC) is sell as both the short term and long term trends are negative.