BROWN & BROWN INC (BRO)

US1152361010 - Common Stock

103.13  +0.96 (+0.94%)

After market: 103.13 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, BRO scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BRO is showing a nice and steady performance.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, BRO did better than 87% 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 one of the better performing stocks in the Insurance industry, it outperforms 80% of 141 stocks in the same industry.
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.
In the last month BRO has a been trading in the 99.40 - 106.02 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BRO has an average volume of 1145390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
BRO Weekly chart
BRO Daily chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, BRO also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 100.70, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

84.29

106.88

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 98.78 to 100.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @96.60 from a trend line in the daily time frame.
  • Support @94.08 from a trend line in the weekly time frame.
  • Support @89.41 from a horizontal line in the weekly time frame.
  • Support @85.14 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 103.38 to 105.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.59
Mansfield1.03
10 Day High106.02
10 Day Low99.4
20 Day High106.02
20 Day Low99.4
52 Week High106.02
52 Week Low66.73
Performance
1 Week-0.78%
2 Weeks-1.45%
1 Month1.92%
3 Month14.49%
6 Month21.42%
12 Month41.99%
2 Year70.52%
3 Year85.99%
5 Year186%
10 Year541.56%
15 Year976.51%
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)-0.52
RSI(14)54.66
LBB101
UBB106.3
BRO Daily chart

BROWN & BROWN INC

NYSE:BRO (9/13/2024, 8:04:01 PM)

After market: 103.13 0 (0%)

103.13

+0.96 (+0.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.94%
1 Week-0.78%
2 Weeks-1.45%
1 Month1.92%
3 Month14.49%
6 Month21.42%
12 Month41.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.69
ATR(20)%1.48%
ATR Inc
Range Today1.88
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 High106.02
10 Day Low99.4
20 Day High106.02
20 Day Low99.4
52 Week High106.02
52 Week Low66.73
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.58M
Volume Incr56.82%
Vol(5)1.47M
Vol(50)1.15M