WT BLOOMBERG BRENT CRUDE OIL (BRND.MI) Stock Technical Analysis
BIT:BRND - Euronext Milan - IE00BVFZGD11 - ETF - Currency: EUR
Taking everything into account, BRND scores 3 out of 10 in our technical rating. Although BRND is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month BRND has a been trading in the 29.82 - 41.00 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BRND has an average volume of 1395 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, BRND did better than 97% of all other stocks.
BRND is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BRND is lagging the market slightly.
Volume is considerably higher in the last couple of days.
BRND has a poor technical rating and the quality of the setup is also only medium 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
29.56
42.48
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.48 to 30.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.86 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @33.55 from a horizontal line in the daily time frame.
- Resistance @42.06 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for BRND.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRND.MI is down. |
| ChartMill Relative Strength | 97.6 | POSITIVE | BRND.MI has a high relative strength, it outperformed 97.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRND.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRND.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 42.04 | NEUTRAL | The RSI value for BRND.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests BRND.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.63 | NEUTRAL | The Stochastics value for BRND.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.09 | MEDIUM VOLATILITY | The ATR as a percentage value for BRND.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.1 | NEGATIVE | The low ADX value for BRND.MI suggests a weak or negative 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)
BIT:BRND (5/22/2025, 7:00:00 PM)
32.14
-1.41 (-4.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.19%
1 Week1.58%
2 Weeks-8.96%
1 Month-22.34%
3 Month-15.82%
6 Month-2.55%
12 Month153.59%
2 Year-2.69%
3 Year29.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.44
ATR(20)%4.09%
ATR Inc80.82%
Range Today0.26
ADR(20)0.51
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.6
Mansfield-1.34
10 Day High33.44
10 Day Low29.82
20 Day High41
20 Day Low29.82
52 Week High42.83
52 Week Low10.88
CS1 End30.75
CR1 Start33.55
Volume & EV
DER(3)0%
DER(5)0%
Volume3.22K
Volume Incr59.14%
Vol(5)2.17K
Vol(50)1.40K