NYSE:BRO - New York Stock Exchange, Inc. - US1152361010 - Common Stock - Currency: USD
Taking everything into account, BRO scores 1 out of 10 in our technical rating. BRO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BRO has a bad technical rating, but it does show 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 109.50. Right above this resistance zone may be a good entry point.
99.53
We found 3 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for BRO is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRO is down. |
ChartMill Relative Strength | 58.28 | NEUTRAL | BRO is not amongst the best or worst performers 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) | UP | MIXED | The current price of BRO is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 46.25 | NEUTRAL | The RSI value for BRO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BRO has a positive trend. |
Stochastics (14,3) | 53.69 | NEUTRAL | The Stochastics value for BRO is a neutral value. |
Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for BRO suggests some volalility. |
Average Directional Index/ADX (14) | 26.95 | POSITIVE | The high ADX value value for BRO suggests a strong trend. |
108.64
+0.35 (+0.32%)