Broadmark Realty Capital Inc (BRMK) Stock Technical Analysis
USA - NYSE:BRMK - US11135B1008 - REIT
We assign a technical rating of 4 out of 10 to BRMK. BRMK performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is only medium, BRMK 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. We notice that large players showed an interest for BRMK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.13
We found 2 important support areas.
- Support @4.66 from a horizontal line in the daily time frame.
- A support zone ranging from 4.17 to 4.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.84 to 4.96. 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 5.08 to 5.11. 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 | NEUTRAL | NEUTRAL | The long term trend for BRMK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRMK is neutral. |
| ChartMill Relative Strength | 18.71 | NEGATIVE | BRMK has a low relative strength, it was outperformed by 81.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRMK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRMK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRMK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.47 | NEUTRAL | The RSI value for BRMK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BRMK has a negative trend. |
| Stochastics (14,3) | 45.42 | NEUTRAL | The Stochastics value for BRMK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for BRMK suggests some volalility. |
| Average Directional Index/ADX (14) | 12.09 | NEGATIVE | The low ADX value for BRMK suggests a weak or negative trend. |
4.82
-0.13 (-2.63%)
Broadmark Realty Capital Inc / BRMK FAQ
What is the technical rating for BRMK stock?
ChartMill assigns a technical rating of 4 / 10 to BRMK.
What is the trend direction for BRMK stock?
The current trend direction for Broadmark Realty Capital Inc (BRMK) is Bearish.
What is the RSI signal for Broadmark Realty Capital Inc (BRMK) stock?
Broadmark Realty Capital Inc (BRMK) has an RSI value of 49.4714. This indicates that the stock is currently neutral.
What are the support and resistance levels for Broadmark Realty Capital Inc (BRMK) stock?
Broadmark Realty Capital Inc (BRMK) has a support level at 4.66 and a resistance level at 4.84. Check the full technical report for our detailed analysis of BRMK support and resistance levels.