BOREALIS FOODS INC (BRLS) Stock Technical Analysis
NASDAQ:BRLS - Nasdaq - CA09973D1050 - Common Stock - Currency: USD
Overall BRLS gets a technical rating of 2 out of 10. BRLS'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.
91% of all other stocks performed better in the past year than BRLS.
BRLS is one of the lesser performing stocks in the Food Products industry. 77% of 89 stocks in the same industry do better.
BRLS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BRLS has a been trading in the 3.00 - 7.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of BRLS 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
4.81
6.88
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.03 to 5.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.00 to 6.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.81 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 | NEUTRAL | NEUTRAL | The long term trend for BRLS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRLS is up. |
| ChartMill Relative Strength | 9.61 | NEGATIVE | BRLS has a low relative strength, it was outperformed by 90.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BRLS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRLS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRLS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.47 | NEUTRAL | The RSI value for BRLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests BRLS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.42 | NEUTRAL | The Stochastics value for BRLS is a neutral value. |
| Average True Range in percent/ATR (20) | 14.51 | HIGH VOLATILITY | The high ATR as a percentage value for BRLS suggests high volalility. |
| Average Directional Index/ADX (14) | 41.94 | POSITIVE | The high ADX value value for BRLS suggests a strong trend. |
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)
NASDAQ:BRLS (6/16/2025, 3:47:46 PM)
4.86
-0.18 (-3.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-3.57%
1 Week-2.7%
2 Weeks44%
1 Month-16.83%
3 Month-15.22%
6 Month-22.46%
12 Month-44.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%14.51%
ATR Inc-12.76%
Range Today0.55
ADR(20)0.66
ADR(20)%13.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.61
Mansfield-2.66
10 Day High7.05
10 Day Low3.42
20 Day High7.05
20 Day Low3
52 Week High9.5
52 Week Low3
CS1 EndN/A
CR1 Start6
Volume & EV
DER(3)13.21%
DER(5)8.39%
Volume10.75K
Volume Incr-26.86%
Vol(5)83.46K
Vol(50)55.65K