Overall BRKHW gets a technical rating of 10 out of 10. In the last year, BRKHW was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
BRKHW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.26
When analyzing the resistance we notice one important area.
- Resistance @0.28 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 BRKHW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRKHW is up. |
| ChartMill Relative Strength | 98.39 | POSITIVE | BRKHW has a high relative strength, it outperformed 98.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRKHW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRKHW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRKHW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.69 | NEUTRAL | The RSI value for BRKHW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BRKHW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.27 | NEUTRAL | The Stochastics value for BRKHW is a neutral value. |
| Average True Range in percent/ATR (20) | 13.41 | HIGH VOLATILITY | The high ATR as a percentage value for BRKHW suggests high volalility. |
| Average Directional Index/ADX (14) | 26.68 | POSITIVE | The high ADX value value for BRKHW suggests a strong 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 |
|---|---|---|---|
| 0.29 | 0.21 | 0.08 (26.34%) | 3.80% |
| An entry @0.29. This is a Buy Stop order right above the resistance zone. | An exit @0.21. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.08 points, which is 26.34%. | When investing 3.80% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
0.265
-0.02 (-5.36%)
BURTECH ACQUISITION -CW23 / BRKHW FAQ
What is the technical rating for BRKHW stock?
ChartMill assigns a technical rating of 10 / 10 to BRKHW.
Can you provide the trend direction for BURTECH ACQUISITION -CW23?
The current trend direction for BURTECH ACQUISITION -CW23 (BRKHW) is Bullish.
What is the RSI signal for BURTECH ACQUISITION -CW23 (BRKHW) stock?
BURTECH ACQUISITION -CW23 (BRKHW) has an RSI value of 61.6872. This indicates that the stock is currently neutral.
What is the buy/sell signal for BRKHW stock?
The buy/sell signal for BURTECH ACQUISITION -CW23 (BRKHW) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for BURTECH ACQUISITION -CW23?
BURTECH ACQUISITION -CW23 (BRKHW) has a resistance level at 0.28. Check the full technical report for our detailed analysis of BRKHW support and resistance levels.