BROWN & BROWN INC (BRO) Stock Technical Analysis
USA - NYSE:BRO - US1152361010 - Common Stock
91.73 USD
-0.14 (-0.15%)
91.7275 USD
0 (0%)
Taking everything into account, BRO scores 0 out of 10 in our technical rating. BRO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
87% of all other stocks performed better in the past year than BRO.
BRO is one of the lesser performing stocks in the Insurance industry. 80% of 146 stocks in the same industry do better.
BRO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BRO has a been trading in the 89.99 - 97.73 range, which is quite wide. It is currently trading near the lows of this range.
BRO has an average volume of 2981970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of BRO is bad and it also does not present a quality setup 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
89.97
99.37
When analyzing the support we notice one important area.
- A support zone ranging from 90.88 to 91.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 91.86 to 94.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 96.24 to 98.39. 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 | DOWN | NEGATIVE | The short term trend for BRO is down. |
| ChartMill Relative Strength | 13.92 | NEGATIVE | BRO has a low relative strength, it was outperformed by 86.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRO is below a declining 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) | 37.88 | NEUTRAL | The RSI value for BRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests BRO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.36 | NEUTRAL | The Stochastics value for BRO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for BRO suggests low volalility. |
| Average Directional Index/ADX (14) | 26.56 | POSITIVE | The high ADX value value for BRO suggests a strong 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)
91.73
-0.14 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.15%
1 Week-2.51%
2 Weeks-3.79%
1 Month-5.08%
3 Month-15.44%
6 Month-22.49%
12 Month-9.05%
2 Year31.54%
3 Year51.9%
5 Year102.94%
10 Year493.28%
15 Year810.05%
Volatility
ATR(14)1.7
ATR(20)%1.73%
ATR Inc11.89%
Range Today1.16
ADR(20)1.54
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.92
Mansfield-2.34
10 Day High96.13
10 Day Low89.99
20 Day High97.73
20 Day Low89.99
52 Week High125.68
52 Week Low89.99
CS1 End91.86
CR1 Start92.98
Volume & EV
DER(3)-1.64%
DER(5)-1.1%
Volume6.35M
Volume Incr2.19%
Vol(5)2.42M
Vol(50)2.98M