BRUKER CORP (BRKR) Stock Technical Analysis
NASDAQ:BRKR • US1167941087
Overall BRKR gets a technical rating of 0 out of 10. BRKR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 83% of all other stocks performed better in the past year than BRKR.
- BRKR has an average volume of 2405790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- BRKR is an average performer in the Life Sciences Tools & Services industry, it outperforms 41% of 57 stocks in the same industry.
- BRKR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRKR is lagging the market.
- In the last month BRKR has a been trading in the 35.62 - 44.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BRKR has a bad technical rating, but it does show 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 40.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.08, a Stop Loss order could be placed below this zone.
More info and screens
36.04
When analyzing the support we notice one important area.
- A support zone ranging from 36.40 to 37.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 40.12 to 41.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @52.77 from a trend 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 | DOWN | NEGATIVE | The long term trend for BRKR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRKR is down. |
| ChartMill Relative Strength | 17.62 | NEGATIVE | BRKR has a low relative strength, it was outperformed by 82.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRKR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRKR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BRKR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.86 | NEUTRAL | The RSI value for BRKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests BRKR has a positive trend. |
| Stochastics (14,3) | 65.77 | NEUTRAL | The Stochastics value for BRKR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for BRKR suggests some volalility. |
| Average Directional Index/ADX (14) | 29.72 | POSITIVE | The high ADX value value for BRKR suggests a strong trend. |
40.11
-0.91 (-2.22%)
BRUKER CORP / BRKR FAQ
Can you provide the ChartMill technical rating for BRUKER CORP?
ChartMill assigns a technical rating of 0 / 10 to BRKR.
What is the trend direction for BRKR stock?
The current trend direction for BRUKER CORP (BRKR) is Bearish.
Can you provide the RSI signal for BRUKER CORP?
BRUKER CORP (BRKR) has an RSI value of 42.8628. This indicates that the stock is currently neutral.
What is the short term momentum for BRKR stock?
The short term momentum for BRUKER CORP (BRKR) is negative.
What are the support and resistance levels for BRUKER CORP (BRKR) stock?
BRUKER CORP (BRKR) has a support level at 37.08 and a resistance level at 40.12. Check the full technical report for our detailed analysis of BRKR support and resistance levels.