TSX:BRE - Toronto Stock Exchange - CA10808B1085 - Common Stock - Currency: CAD
Overall BRE gets a technical rating of 7 out of 10. BRE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Besides having an excellent technical rating, BRE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.37, a Stop Loss order could be placed below this zone.
12.90
2 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 BRE.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRE.CA is up. |
ChartMill Relative Strength | 64.72 | NEUTRAL | BRE.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRE.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRE.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRE.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 58.29 | NEUTRAL | The RSI value for BRE.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BRE.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 85.67 | OVERBOUGHT | The high Stochastics value suggests BRE.CA may be overbought. |
Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for BRE.CA suggests low volalility. |
Average Directional Index/ADX (14) | 11.26 | NEGATIVE | The low ADX value for BRE.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
14.49 | 14.08 | 0.41 (2.83%) | 25.00% |
An entry @14.49. This is a Buy Stop order right above the resistance zone. | An exit @14.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.41 points, which is 2.83%. | For a 0.71% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:BRE (5/23/2025, 7:00:00 PM)
14.46
+0.03 (+0.21%)