BROOKS AUTOMATION INC (BRKS) Stock Technical Analysis
NASDAQ:BRKS - Nasdaq - Common Stock
Overall BRKS gets a technical rating of 9 out of 10. In the last year, BRKS was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month BRKS has a been trading in the 110.81 - 124.79 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, BRKS did better than 92% of all other stocks. We also observe that the gains produced by BRKS over the past year are nicely spread over this period.
BRKS is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry. BRKS outperforms 85% of them.
BRKS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BRKS is lagging the market slightly.
Besides having an excellent technical rating, BRKS also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 112.61, a Stop Loss order could be placed below this zone.
More info and screens
77.72
114.23
When analyzing the support we can see 4 important areas.
- A support zone ranging from 112.61 to 112.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @89.62 from a trend line in the weekly time frame.
- Support @83.18 from a trend line in the weekly time frame.
- Support @78.51 from a trend line in the daily 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 BRKS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRKS is neutral. |
| ChartMill Relative Strength | 92.07 | POSITIVE | BRKS has a high relative strength, it outperformed 92.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRKS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRKS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRKS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.99 | NEUTRAL | The RSI value for BRKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.23 | NEGATIVE | The MACD value suggests BRKS has a negative trend. |
| Stochastics (14,3) | 23.92 | NEUTRAL | The Stochastics value for BRKS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for BRKS suggests some volalility. |
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)
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 |
|---|---|---|---|
| 116.91 | 112.60 | 4.31 (3.69%) | 25.00% |
| An entry @116.91. This is a Buy Stop order right above the 10 day moving average. | An exit @112.60. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.31 points, which is 3.69%. | For a 0.92% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BRKS. Please evaluate whether better entry and exit points can be found.
- 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.
113.1
-3.18 (-2.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.73%
1 Week-2.99%
2 Weeks-1.14%
1 Month-5.31%
3 Month32.05%
6 Month14.09%
12 Month50.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.48
ATR(20)%3.33%
ATR Inc6.58%
Range Today4.7
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.07
Mansfield1.32
10 Day High121.44
10 Day Low110.81
20 Day High124.79
20 Day Low110.81
52 Week High124.79
52 Week Low65.37
CS1 End112.61
CR1 StartN/A
Volume & EV
DER(3)2.25%
DER(5)2.25%
Volume1.02M
Volume Incr-1.98%
Vol(5)601.38K
Vol(50)570.36K