BROWN & BROWN INC (BRO) Stock Technical Analysis
NYSE:BRO - New York Stock Exchange, Inc. - US1152361010 - Common Stock - Currency: USD
Overall BRO gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
BRO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Looking at the yearly performance, BRO did better than 83% of all other stocks. We also observe that the gains produced by BRO over the past year are nicely spread over this period.
BRO has an average volume of 1871320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
BRO is an average performer in the Insurance industry, it outperforms 69% of 143 stocks in the same industry.
BRO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BRO is lagging the market slightly.
BRO has an average technical rating and also the quality of the setup is only medium 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
99.53
125.67
3 important support areas can be observed.
- A support zone ranging from 107.99 to 112.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @103.35 from a horizontal line in the daily time frame.
- A support zone ranging from 100.54 to 101.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 113.27 to 113.42. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 122.93 to 124.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.91
Mansfield0.21
10 Day High112.95
10 Day Low107.1
20 Day High119.06
20 Day Low105.29
52 Week High125.68
52 Week Low85.97
Performance
1 Week3.15%
2 Weeks1.88%
1 Month-4.35%
3 Month0.66%
6 Month0.36%
12 Month25.84%
2 Year80.41%
3 Year89.41%
5 Year179.73%
10 Year594.35%
15 Year1047.45%
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)0.38
RSI(14)48.97
LBB108.33
UBB112.99
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 113.43 | 107.09 | 6.34 (5.59%) | 17.89% |
| An entry @113.43. This is a Buy Stop order right above the resistance zone. | An exit @107.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.34 points, which is 5.59%. | When investing 17.89% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
112.45
+0.45 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.4%
1 Week3.15%
2 Weeks1.88%
1 Month-4.35%
3 Month0.66%
6 Month0.36%
12 Month25.84%
2 Year80.41%
3 Year89.41%
5 Year179.73%
10 Year594.35%
15 Year1047.45%
Volatility
ATR(14)1.87
ATR(20)%2.33%
ATR Inc-54.21%
Range Today1.14
ADR(20)2.24
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.91
Mansfield0.21
10 Day High112.95
10 Day Low107.1
20 Day High119.06
20 Day Low105.29
52 Week High125.68
52 Week Low85.97
CS1 End112.43
CR1 Start113.27
Volume & EV
DER(3)2.88%
DER(5)1.46%
Volume1.93M
Volume Incr-12.41%
Vol(5)1.60M
Vol(50)1.87M