BRIDGE INVESTMENT GRP HDS-A (BRDG) Stock Technical Analysis
NYSE:BRDG - US10806B1008 - Common Stock
9.5 USD
+0.03 (+0.32%)
9.5 USD
0 (0%)
Taking everything into account, BRDG scores 1 out of 10 in our technical rating. BRDG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month BRDG has a been trading in the 9.42 - 10.72 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, BRDG turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
BRDG is an average performer in the Capital Markets industry, it outperforms 64% of 237 stocks in the same industry.
BRDG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRDG is lagging the market.
Although the technical rating is bad, BRDG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for BRDG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.08
10.96
When analyzing the support we can see 5 important areas.
- A support zone ranging from 9.46 to 9.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.09 from a horizontal line in the daily time frame.
- A support zone ranging from 8.34 to 8.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.83 from a trend line in the weekly time frame.
- Support @7.15 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.82 to 10.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.29 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.84 to 10.85. This zone is formed by a combination of multiple trend lines in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for BRDG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRDG is down. |
| ChartMill Relative Strength | 62.39 | NEUTRAL | BRDG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRDG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRDG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BRDG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.71 | NEUTRAL | The RSI value for BRDG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BRDG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.7 | OVERSOLD | The low Stochastics value suggests BRDG may be oversold. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for BRDG suggests some volalility. |
| Average Directional Index/ADX (14) | 10.58 | NEGATIVE | The low ADX value for BRDG 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)
9.5
+0.03 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.32%
1 Week-3.26%
2 Weeks-5.19%
1 Month-11.13%
3 Month2.81%
6 Month19.95%
12 Month16.71%
2 Year-5.75%
3 Year-41.75%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%3.52%
ATR Inc-33.89%
Range Today0.31
ADR(20)0.31
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.39
Mansfield-0.72
10 Day High10.45
10 Day Low9.42
20 Day High10.72
20 Day Low9.42
52 Week High11.69
52 Week Low7.12
CS1 End9.49
CR1 Start9.82
Volume & EV
DER(3)3.13%
DER(5)2.77%
Volume613.70K
Volume Incr-8.55%
Vol(5)371.76K
Vol(50)490.71K