BROWN & BROWN INC (BRO) Stock Technical Analysis
USA - NYSE:BRO - US1152361010 - Common Stock
93.97 USD
-0.8 (-0.84%)
92.99 USD
-0.98 (-1.04%)
Taking everything into account, BRO scores 2 out of 10 in our technical rating. In the past year, BRO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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.
82% of all other stocks performed better in the past year than BRO.
BRO is one of the lesser performing stocks in the Insurance industry. 72% of 145 stocks in the same industry do better.
BRO 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.
BRO has an average volume of 2582130 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 91.30 and 96.55.
BRO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 93.83, a Stop Loss order could be placed below this zone. 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
89.97
97.85
We found 1 important support area.
- A support zone ranging from 90.88 to 93.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 94.36 to 96.88. This zone is formed by a combination of multiple trend lines and important moving averages 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 BRO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRO is neutral. |
| ChartMill Relative Strength | 18.95 | NEGATIVE | BRO has a low relative strength, it was outperformed by 81.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BRO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.93 | NEUTRAL | The RSI value for BRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests BRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.04 | NEUTRAL | The Stochastics value for BRO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for BRO suggests low volalility. |
| Average Directional Index/ADX (14) | 14.6 | NEGATIVE | The low ADX value for BRO 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)
93.97
-0.8 (-0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.84%
1 Week-2.07%
2 Weeks1.3%
1 Month1.91%
3 Month-9.51%
6 Month-19.83%
12 Month-11.67%
2 Year35.36%
3 Year59.84%
5 Year115.97%
10 Year482.4%
15 Year743.16%
Volatility
ATR(14)1.54
ATR(20)%1.65%
ATR Inc0.41%
Range Today2.08
ADR(20)1.52
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.95
Mansfield-2.07
10 Day High96.55
10 Day Low91.61
20 Day High96.55
20 Day Low91.3
52 Week High125.68
52 Week Low89.99
CS1 End93.83
CR1 Start94.36
Volume & EV
DER(3)-0.52%
DER(5)1.5%
Volume1.83M
Volume Incr-1.56%
Vol(5)2.59M
Vol(50)2.58M