BRILLIANT ACQUISITION CORP (BRLI) Technical Analysis
NASDAQ:BRLI • VGG1643W1115
Current stock price
4.7 USD
-3.69 (-43.95%)
At close:
6.2 USD
+1.5 (+31.91%)
After Hours:
BRLI Technical Rating and Analysis
Overall BRLI gets a technical rating of 0 out of 10. BRLI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 96% of all other stocks performed better in the past year than BRLI.
- BRLI is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BRLI is lagging the market.
- In the last month BRLI has a been trading in the 3.59 - 13.83 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
BRLI Weekly and Daily overview Charts
BRLI Setup Rating and Analysis
The technical rating of BRLI is bad and it also does not present a quality setup 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.
More info and screens
BRLI Support and Resistance Analysis
4.65
11.74
3 important resistance areas can be observed.
- A resistance zone ranging from 10.68 to 10.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.24 to 11.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong resistance @11.62 from a horizontal line in the daily time frame.
BRLI Technical Indicator Signal Analysis
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 BRLI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRLI is down. |
| ChartMill Relative Strength | 4.16 | NEGATIVE | BRLI has a low relative strength, it was outperformed by 95.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRLI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRLI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRLI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.22 | NEUTRAL | The RSI value for BRLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests BRLI has a negative trend. |
| Stochastics (14,3) | 26.97 | NEUTRAL | The Stochastics value for BRLI is a neutral value. |
| Average True Range in percent/ATR (20) | 59.76 | HIGH VOLATILITY | The high ATR as a percentage value for BRLI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.47 | NEUTRAL | The ADX value for BRLI suggests a possible start of a new trend. |
BRLI Chart- and CandleStick Pattern Analysis
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)
BRLI Technicals: Chart, Performance Metrics, Trend & Indicators
4.7
-3.69 (-43.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-43.95%
1 Week-51.04%
2 Weeks-61.33%
1 Month-59.31%
3 Month-59.4%
6 Month-58.59%
12 Month-55.79%
2 Year-53.92%
3 Year-53.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.84
ATR(20)%59.76%
ATR Inc33.7%
Range Today5.56
ADR(20)2.42
ADR(20)%51.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.16
3 months CRSN/A
6 months CRSN/A
Mansfield-6.19
10 Day High12.35
10 Day Low3.59
20 Day High13.83
20 Day Low3.59
52 Week High15.38
52 Week Low3.59
CS1 EndN/A
CR1 Start10.68
Volume & EV
DER(3)-5.55%
DER(5)-4.18%
Volume370.90K
Volume Incr184.1%
Vol(5)150.94K
Vol(50)38.97K
BRILLIANT ACQUISITION CORP / BRLI TA FAQ
Can you provide the ChartMill technical rating for BRILLIANT ACQUISITION CORP?
ChartMill assigns a technical rating of 0 / 10 to BRLI.
What is the current trend direction of BRILLIANT ACQUISITION CORP (BRLI) stock?
The current trend direction for BRILLIANT ACQUISITION CORP (BRLI) is Bearish.
What is the RSI signal for BRILLIANT ACQUISITION CORP (BRLI) stock?
BRILLIANT ACQUISITION CORP (BRLI) has an RSI value of 36.2211. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BRILLIANT ACQUISITION CORP?
The short term momentum for BRILLIANT ACQUISITION CORP (BRLI) is negative.