BRIDGE INVESTMENT GRP HDS-A (BRDG) Stock Technical Analysis
USA - NYSE:BRDG - US10806B1008 - Common Stock
We assign a technical rating of 2 out of 10 to BRDG. 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.
Although the technical rating is bad, BRDG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 9.59, a Stop Loss order could be placed below this zone.
More info and screens
7.08
When analyzing the support we can see 5 important areas.
- A support zone ranging from 9.46 to 9.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.30 from a horizontal line in the daily time frame.
- A support zone ranging from 8.38 to 8.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.85 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 one important area.
- 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 | 62.82 | 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) | UP | MIXED | The current price of BRDG is below the rising 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) | 40.99 | NEUTRAL | The RSI value for BRDG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BRDG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.84 | NEUTRAL | The Stochastics value for BRDG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for BRDG suggests some volalility. |
| Average Directional Index/ADX (14) | 8.38 | NEGATIVE | The low ADX value for BRDG suggests a weak or negative trend. |
9.6
-0.04 (-0.41%)
BRIDGE INVESTMENT GRP HDS-A / BRDG FAQ
What is the ChartMill technical rating of BRIDGE INVESTMENT GRP HDS-A (BRDG) stock?
ChartMill assigns a technical rating of 2 / 10 to BRDG.
What is the current trend direction of BRIDGE INVESTMENT GRP HDS-A (BRDG) stock?
The current trend direction for BRIDGE INVESTMENT GRP HDS-A (BRDG) is Bearish.
What is the RSI signal for BRDG stock?
BRIDGE INVESTMENT GRP HDS-A (BRDG) has an RSI value of 40.9925. This indicates that the stock is currently neutral.
What is the MACD signal for BRDG stock?
The MACD indicator for BRIDGE INVESTMENT GRP HDS-A (BRDG) has a value of -0.0191706, indicating a bearish trend.