BROWN & BROWN INC (BRO)
US1152361010 - Common Stock
We assign a technical rating of 10 out of 10 to BRO. Both in the recent history as in the last year, BRO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BRO did better than 84% of all other stocks. We also observe that the gains produced by BRO over the past year are nicely spread over this period.
BRO is part of the Insurance industry. There are 143 other stocks in this industry. BRO outperforms 70% of them.
BRO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
BRO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
BRO has an average volume of 1325120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BRO has a been trading in a tight range between 71.96 and 75.14.
BRO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 74.20. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
52.97
75.72
3 important support areas can be observed.
- A support zone ranging from 69.66 to 70.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 66.78 to 67.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @53.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 74.20 to 74.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.48
Mansfield0.47
10 Day High75.14
10 Day Low72.64
20 Day High75.14
20 Day Low71.96
52 Week High75.14
52 Week Low52.82
Performance
1 Week0.01%
2 Weeks-0.51%
1 Month3.23%
3 Month1.41%
6 Month15.81%
12 Month28.96%
2 Year5.51%
3 Year56.4%
5 Year169.05%
10 Year372.44%
15 Year609.57%
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)
Technical Indicators
MACD(12,26,9)-0.11
RSI(14)57.35
LBB73.02
UBB75.16
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 74.98 | 72.63 | 2.35 (3.13%) | 25.00% |
| An entry @74.98. This is a Buy Stop order right above the resistance zone. | An exit @72.63. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.35 points, which is 3.13%. | For a 0.78% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BROWN & BROWN INC
NYSE:BRO (12/8/2023, 7:04:01 PM)
After market: 74.15 0 (0%)74.15
+0.37 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.5%
1 Week0.01%
2 Weeks-0.51%
1 Month3.23%
3 Month1.41%
6 Month15.81%
12 Month28.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.03
ATR(20)%1.39%
ATR Inc
Range Today0.7
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High75.14
10 Day Low72.64
20 Day High75.14
20 Day Low71.96
52 Week High75.14
52 Week Low52.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume821.30K
Volume Incr-17.24%
Vol(5)868.68K
Vol(50)1.33M