Taking everything into account, BRKR scores 8 out of 10 in our technical rating. Although BRKR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although BRKR has an excellent technical rating, it does not present a decent entry opportunity 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.
39.91
We found 2 important support 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 BRKR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRKR is up. |
| ChartMill Relative Strength | 79.44 | POSITIVE | BRKR has a high relative strength, it outperformed 79.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRKR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRKR is above the rising 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) | 77.76 | OVERBOUGHT | The high RSI value suggests BRKR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests BRKR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.72 | OVERBOUGHT | The high Stochastics value suggests BRKR may be overbought. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for BRKR suggests some volalility. |
| Average Directional Index/ADX (14) | 46.03 | POSITIVE | The high ADX value value for BRKR suggests a strong trend. |
48.81
-0.22 (-0.45%)
ChartMill assigns a technical rating of 8 / 10 to BRKR.
The current trend direction for BRUKER CORP (BRKR) is Bullish.
BRUKER CORP (BRKR) has an RSI value of 77.755. This indicates that the stock is currently overbought.
The MACD indicator for BRUKER CORP (BRKR) has a value of 0.617934, indicating a bearish trend.
The buy/sell signal for BRUKER CORP (BRKR) is buy as both the short term and long term trends are positive.