BRC INC-A (BRCC) Stock Technical Analysis
NYSE:BRCC - New York Stock Exchange, Inc. - US05601U1051 - Common Stock - Currency: USD
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
94% of all other stocks performed better in the past year than BRCC.
BRCC is one of the lesser performing stocks in the Food Products industry. 83% of 90 stocks in the same industry do better.
BRCC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BRCC is lagging the market.
In the last month BRCC has a been trading in the 1.48 - 2.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BRCC has a poor technical rating and the quality of the setup is also only medium 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
1.84
2.32
When analyzing the support we notice one important area.
- A support zone ranging from 1.86 to 1.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.98 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.21 from a trend line in the daily time frame.
- Resistance @2.30 from a trend line 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 | 6.98 | NEGATIVE | BRCC has a low relative strength, it was outperformed by 93.02% 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) | 46.68 | NEUTRAL | The RSI value for BRCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BRCC has a positive trend. |
| Stochastics (14,3) | 45.54 | NEUTRAL | The Stochastics value for BRCC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.37 | HIGH VOLATILITY | The high ATR as a percentage value for BRCC suggests high volalility. |
| Average Directional Index/ADX (14) | 19.62 | NEGATIVE | The low ADX value for BRCC 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)
1.92
+0.06 (+3.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg3.23%
1 Week-1.03%
2 Weeks22.29%
1 Month-15.42%
3 Month-25.29%
6 Month-36.42%
12 Month-66.37%
2 Year-64.38%
3 Year-80.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%7.37%
ATR Inc-34.42%
Range Today0.13
ADR(20)0.12
ADR(20)%6.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.98
Mansfield-4.65
10 Day High2.02
10 Day Low1.48
20 Day High2.4
20 Day Low1.48
52 Week High7.14
52 Week Low1.48
CS1 EndN/A
CR1 Start1.97
Volume & EV
DER(3)0.54%
DER(5)2.5%
Volume344.00K
Volume Incr-48.94%
Vol(5)473.13K
Vol(50)717.18K