BRILLIANT EARTH GROUP INC-A (BRLT) Stock Technical Analysis
NASDAQ:BRLT • US1095041000
Overall BRLT gets a technical rating of 1 out of 10. BRLT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- BRLT 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.
- When compared to the yearly performance of all other stocks, BRLT outperforms 52% of them, which is more or less in line with the market.
- BRLT is an average performer in the Specialty Retail industry, it outperforms 55% of 121 stocks in the same industry.
- In the last month BRLT has a been trading in the 1.26 - 1.66 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 BRLT 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
1.47
When analyzing the support we notice one important area.
- A support zone ranging from 1.48 to 1.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.62 to 2.63. 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 | DOWN | NEGATIVE | The long term trend for BRLT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRLT is neutral. |
| ChartMill Relative Strength | 52.76 | NEUTRAL | BRLT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BRLT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRLT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BRLT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.27 | NEUTRAL | The RSI value for BRLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BRLT has a positive trend. |
| Stochastics (14,3) | 61.89 | NEUTRAL | The Stochastics value for BRLT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for BRLT suggests high volalility. |
| Average Directional Index/ADX (14) | 35.2 | POSITIVE | The high ADX value value for BRLT suggests a strong trend. |
1.6
+0.14 (+9.59%)
BRILLIANT EARTH GROUP INC-A / BRLT FAQ
What is the technical rating for BRLT stock?
ChartMill assigns a technical rating of 1 / 10 to BRLT.
What is the current trend direction of BRILLIANT EARTH GROUP INC-A (BRLT) stock?
The current trend direction for BRILLIANT EARTH GROUP INC-A (BRLT) is Bearish.
What is the RSI signal for BRLT stock?
BRILLIANT EARTH GROUP INC-A (BRLT) has an RSI value of 52.2702. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BRILLIANT EARTH GROUP INC-A?
The short term momentum for BRILLIANT EARTH GROUP INC-A (BRLT) is neutral.