BRILLIANT EARTH GROUP INC-A (BRLT) Stock Technical Analysis
USA - NASDAQ:BRLT - US1095041000 - Common Stock
2.67 USD
+0.55 (+25.94%)
2.7336 USD
+0.06 (+2.38%)
Taking everything into account, BRLT scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, BRLT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
BRLT is part of the Specialty Retail industry. There are 120 other stocks in this industry. BRLT outperforms 94% of them.
BRLT has an average volume of 1448430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BRLT is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BRLT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRLT is lagging the market.
In the last month BRLT has a been trading in the 1.98 - 2.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BRLT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.28
2.96
When analyzing the support we can see 4 important areas.
- Support @2.10 from a trend line in the daily time frame.
- Support @1.46 from a trend line in the daily time frame.
- Support @1.35 from a horizontal line in the daily time frame.
- Support @1.29 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.86 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.93 to 2.93. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for BRLT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRLT is neutral. |
| ChartMill Relative Strength | 93.9 | POSITIVE | BRLT has a high relative strength, it outperformed 93.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRLT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRLT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.85 | NEUTRAL | The RSI value for BRLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BRLT has a positive trend. |
| Stochastics (14,3) | 61 | NEUTRAL | The Stochastics value for BRLT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.91 | HIGH VOLATILITY | The high ATR as a percentage value for BRLT suggests high volalility. |
| Average Directional Index/ADX (14) | 23.72 | NEUTRAL | The ADX value for BRLT suggests a possible start of a new 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)
2.67
+0.55 (+25.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg25.94%
1 Week32.18%
2 Weeks28.99%
1 Month13.14%
3 Month82.88%
6 Month81.63%
12 Month51.7%
2 Year-8.25%
3 Year-66.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%7.91%
ATR Inc154.13%
Range Today0.52
ADR(20)0.2
ADR(20)%7.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.9
Mansfield3.75
10 Day High2.73
10 Day Low1.98
20 Day High2.75
20 Day Low1.98
52 Week High3.1
52 Week Low1.25
CS1 End2.1
CR1 Start2.86
Volume & EV
DER(3)2.14%
DER(5)1.33%
Volume415.00K
Volume Incr79.42%
Vol(5)216.94K
Vol(50)1.45M