Craft Brew Alliance (BREW) Technical Analysis
NASDAQ:BREW
Current stock price
BREW Technical Rating and Analysis
Taking everything into account, BREW scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, BREW has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- BREW is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BREW is leading the market.
- In the last month BREW has a been trading in the 15.46 - 16.51 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that BREW is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- Volume is considerably higher in the last couple of days.
BREW Weekly and Daily overview Charts
BREW Setup Rating and Analysis
Although BREW has an excellent technical rating, it does not offer a high quality setup 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
BREW Support and Resistance Analysis
14.47
We found 2 important support areas.
- A support zone ranging from 15.51 to 15.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.62 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 16.52 to 16.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.00 from a horizontal line in the weekly time frame.
BREW Technical Indicator Signal Analysis
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 BREW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BREW is up. |
| ChartMill Relative Strength | 90.88 | POSITIVE | BREW has a high relative strength, it outperformed 90.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BREW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BREW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BREW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.29 | OVERBOUGHT | The high RSI value suggests BREW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BREW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.98 | OVERBOUGHT | The high Stochastics value suggests BREW may be overbought. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for BREW suggests low volalility. |
BREW Chart- and CandleStick Pattern Analysis
BREW Technicals: Chart, Performance Metrics, Trend & Indicators
16.51
+0.02 (+0.12%)
Craft Brew Alliance / BREW TA FAQ
Can you provide the ChartMill technical rating for Craft Brew Alliance?
ChartMill assigns a technical rating of 8 / 10 to BREW.
Can you provide the trend direction for Craft Brew Alliance?
The current trend direction for Craft Brew Alliance (BREW) is Bullish.
What is the RSI signal for BREW stock?
Craft Brew Alliance (BREW) has an RSI value of 77.2862. This indicates that the stock is currently overbought.
What is the short term momentum for BREW stock?
The short term momentum for Craft Brew Alliance (BREW) is positive.
What is the buy/sell signal for BREW stock?
The buy/sell signal for Craft Brew Alliance (BREW) is buy as both the short term and long term trends are positive.