US1152361010 - Common Stock
74.15 +0.37 (+0.5%)
After market: 74.15 0 (0%)
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.
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.
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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.
|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.|
BROWN & BROWN INC
NYSE:BRO (12/8/2023, 7:04:01 PM)After market: 74.15 0 (0%)