BEARD ENERGY TRANSITION AC-A (BRD) Stock Technical Analysis
USA - NYSE:BRD - US07402Q1013 - Common Stock
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.
BRD has only a medium technical rating, but it does show a decent setup pattern. 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
9.77
We found 3 important support areas.
- 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.
We found 1 important resistance 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.
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. |
NYSE:BRD (12/11/2023, 8:04:01 PM)
10.73
+0.01 (+0.05%)
BEARD ENERGY TRANSITION AC-A / BRD FAQ
What is the technical rating for BRD stock?
ChartMill assigns a technical rating of 5 / 10 to BRD.
Can you provide the trend direction for BEARD ENERGY TRANSITION AC-A?
The current trend direction for BEARD ENERGY TRANSITION AC-A (BRD) is Bullish.
What is the RSI signal for BRD stock?
BEARD ENERGY TRANSITION AC-A (BRD) has an RSI value of 49.759. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for BEARD ENERGY TRANSITION AC-A?
BEARD ENERGY TRANSITION AC-A (BRD) has a support level at 10.73 and a resistance level at 10.73. Check the full technical report for our detailed analysis of BRD support and resistance levels.