BRC INC-A (BRCC) Stock Technical Analysis
USA - NYSE:BRCC - US05601U1051 - Common Stock
1.66 USD
-0.05 (-2.92%)
1.6531 USD
-0.01 (-0.42%)
Overall BRCC gets a technical rating of 4 out of 10. In the past year, BRCC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
87% of all other stocks performed better in the past year than BRCC.
BRCC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BRCC has an average volume of 1027350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
BRCC is part of the Food Products industry. There are 89 other stocks in this industry, BRCC did better than 40% of them.
In the last month BRCC has a been trading in the 1.47 - 1.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
BRCC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.63, a Stop Loss order could be placed below this zone.
More info and screens
1.34
2.00
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.56 to 1.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.51 from a horizontal line in the daily time frame.
- Support @1.44 from a horizontal line in the weekly time frame.
- Support @1.35 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.70 to 1.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.83 from a trend line in the daily time frame.
- Resistance @1.86 from a trend line in the weekly time frame.
- Resistance @1.98 from a horizontal 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 | UP | POSITIVE | The short term trend for BRCC is up. |
| ChartMill Relative Strength | 13.39 | NEGATIVE | BRCC has a low relative strength, it was outperformed by 86.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRCC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRCC is above the rising 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) | 54.79 | NEUTRAL | The RSI value for BRCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BRCC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.61 | NEUTRAL | The Stochastics value for BRCC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for BRCC suggests high volalility. |
| Average Directional Index/ADX (14) | 18.8 | 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)
1.66
-0.05 (-2.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-2.92%
1 Week3.11%
2 Weeks8.5%
1 Month14.48%
3 Month22.96%
6 Month-24.2%
12 Month-50.74%
2 Year-53.76%
3 Year-78.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%5.47%
ATR Inc11.02%
Range Today0.1
ADR(20)0.09
ADR(20)%5.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.39
Mansfield-3.66
10 Day High1.81
10 Day Low1.52
20 Day High1.81
20 Day Low1.47
52 Week High3.61
52 Week Low1.19
CS1 End1.63
CR1 Start1.7
Volume & EV
DER(3)-0.49%
DER(5)0.87%
Volume7.02M
Volume Incr222.41%
Vol(5)1.87M
Vol(50)1.03M