ISHARE FLTNG RT LN AV ETF-UI (BRLN) Stock Technical Analysis
NYSEARCA:BRLN - NYSE Arca - US0925284053 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to BRLN. Recently some decent action could be observed, but in the medium term time frame this is still negative. BRLN was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, BRLN does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 51.93, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
49.41
When analyzing the support we notice one important area.
- A support zone ranging from 49.91 to 51.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 52.08 to 53.06. 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 BRLN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRLN is up. |
| ChartMill Relative Strength | 33.8 | NEUTRAL | BRLN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRLN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRLN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BRLN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.38 | NEUTRAL | The RSI value for BRLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BRLN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.07 | NEUTRAL | The Stochastics value for BRLN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for BRLN suggests low volalility. |
| Average Directional Index/ADX (14) | 26.44 | POSITIVE | The high ADX value value for BRLN suggests a strong trend. |
NYSEARCA:BRLN (7/18/2025, 8:04:02 PM)
52.075
-0.2 (-0.37%)