BRIDGE INVESTMENT GRP HDS-A (BRDG) Stock Technical Analysis
NYSE:BRDG - New York Stock Exchange, Inc. - US10806B1008 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to BRDG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BRDG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BRDG is one of the better performing stocks in the market, outperforming 81% of all stocks.
BRDG is part of the Capital Markets industry. There are 233 other stocks in this industry. BRDG outperforms 75% of them.
BRDG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BRDG is lagging the market slightly.
In the last month BRDG has a been trading in the 9.11 - 10.57 range, which is quite wide. It is currently trading near the high of this range.
BRDG has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.08
10.96
When analyzing the support we can see 7 important areas.
- Support @10.40 from a horizontal line in the daily time frame.
- A support zone ranging from 10.05 to 10.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.64 to 9.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.09 to 9.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.13 from a trend line in the weekly time frame.
- A support zone ranging from 7.71 to 7.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.15 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @10.85 from a horizontal line 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 | UP | POSITIVE | The long term trend for BRDG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRDG is up. |
| ChartMill Relative Strength | 81.59 | POSITIVE | BRDG has a high relative strength, it outperformed 81.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRDG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRDG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRDG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.3 | NEUTRAL | The RSI value for BRDG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BRDG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.05 | OVERBOUGHT | The high Stochastics value suggests BRDG may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for BRDG suggests some volalility. |
| Average Directional Index/ADX (14) | 13.71 | 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)
10.43
-0.04 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.38%
1 Week2.15%
2 Weeks6.43%
1 Month7.42%
3 Month18.93%
6 Month44.86%
12 Month29.4%
2 Year-16.63%
3 Year-38.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%2.53%
ATR Inc-24.6%
Range Today0.12
ADR(20)0.24
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.59
Mansfield0.65
10 Day High10.58
10 Day Low9.84
20 Day High10.58
20 Day Low9.11
52 Week High11.69
52 Week Low7.09
CS1 End10.4
CR1 Start10.85
Volume & EV
DER(3)0.21%
DER(5)1.24%
Volume227.90K
Volume Incr14.88%
Vol(5)503.52K
Vol(50)375.66K