BEARD ENERGY TRANSITION AC-A (BRD) Technical Analysis
NYSE:BRD • US07402Q1013
Current stock price
BRD Technical Rating and Analysis
Taking everything into account, BRD scores 5 out of 10 in our technical rating. In the last year, BRD was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When compared to the yearly performance of all other stocks, BRD outperforms 44% of them, which is more or less in line with the market.
- BRD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BRD is lagging the market slightly.
- In the last month BRD has a been trading in a tight range between 10.70 and 10.81.
- Considerably lower volume is observed in the last couple of days.
BRD Weekly and Daily overview Charts
BRD Setup Rating and Analysis
Although the technical rating is only medium, BRD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.73, a Stop Loss order could be placed below this zone.
More info and screens
BRD Support and Resistance Analysis
9.77
3 important support areas can be observed.
- A support zone ranging from 10.62 to 10.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.40 from a horizontal line in the daily time frame.
- A support zone ranging from 9.87 to 9.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.73 to 10.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BRD Technical Indicator Signal Analysis
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 BRD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRD is neutral. |
| ChartMill Relative Strength | 44.61 | NEUTRAL | BRD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.76 | NEUTRAL | The RSI value for BRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BRD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.46 | OVERSOLD | The low Stochastics value suggests BRD may be oversold. |
| Average True Range in percent/ATR (20) | 0.32 | LOW VOLATILITY | The low ATR as a percentage value for BRD suggests low volalility. |
| Average Directional Index/ADX (14) | 56.2 | POSITIVE | The high ADX value value for BRD suggests a strong trend. |
BRD Chart- and CandleStick Pattern Analysis
BRD Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:BRD (12/11/2023, 8:04:01 PM)
10.73
+0.01 (+0.05%)
BEARD ENERGY TRANSITION AC-A / BRD TA FAQ
What is the technical rating for BRD stock?
ChartMill assigns a technical rating of 5 / 10 to BRD.
What is the trend direction for BRD stock?
The current trend direction for BEARD ENERGY TRANSITION AC-A (BRD) is Bullish.
What is the RSI signal for BEARD ENERGY TRANSITION AC-A (BRD) stock?
BEARD ENERGY TRANSITION AC-A (BRD) has an RSI value of 49.759. This indicates that the stock is currently neutral.
What is the MACD signal for BEARD ENERGY TRANSITION AC-A (BRD) stock?
The MACD indicator for BEARD ENERGY TRANSITION AC-A (BRD) has a value of -0.004078, indicating a bearish trend.