BROOKLINE BANCORP INC (BRKL) Stock Technical Analysis
NASDAQ:BRKL - Nasdaq - US11373M1071 - Common Stock - Currency: USD
Taking everything into account, BRKL scores 0 out of 10 in our technical rating. BRKL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, BRKL is a bad performer in the overall market: 66% of all stocks are doing better.
BRKL is one of the lesser performing stocks in the Banks industry. 67% of 392 stocks in the same industry do better.
BRKL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BRKL is lagging the market.
In the last month BRKL has a been trading in the 10.01 - 11.39 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of BRKL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.99
11.42
When analyzing the support we can see 3 important areas.
- Support @10.10 from a trend line in the weekly time frame.
- A support zone ranging from 9.52 to 9.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.07 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.64 to 10.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.90 to 11.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 BRKL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRKL is down. |
| ChartMill Relative Strength | 34.88 | NEUTRAL | BRKL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRKL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRKL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRKL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.47 | NEUTRAL | The RSI value for BRKL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests BRKL has a negative trend. |
| Stochastics (14,3) | 8.65 | OVERSOLD | The low Stochastics value suggests BRKL may be oversold. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for BRKL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.06 | NEUTRAL | The ADX value for BRKL suggests a possible start of a new 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)
10.19
-0.13 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.26%
1 Week-5.82%
2 Weeks-8.12%
1 Month-9.82%
3 Month-5.12%
6 Month-16.68%
12 Month3.56%
2 Year6.48%
3 Year-18.28%
5 Year6.15%
10 Year-3.41%
15 Year8.98%
Volatility
ATR(14)0.26
ATR(20)%2.47%
ATR Inc15.47%
Range Today0.24
ADR(20)0.24
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.88
Mansfield-1.3
10 Day High11.21
10 Day Low10.01
20 Day High11.39
20 Day Low10.01
52 Week High13.15
52 Week Low9.24
CS1 End10.1
CR1 Start10.64
Volume & EV
DER(3)2.66%
DER(5)-0.87%
Volume598.90K
Volume Incr-34.61%
Vol(5)421.66K
Vol(50)559.76K