BROWN & BROWN INC (BRO)
US1152361010 - Common Stock
Taking everything into account, BRO scores 7 out of 10 in our technical rating. In the last year, BRO was one of the better performers, but we do observe some doubts in the very recent evolution.
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 82% of all other stocks. On top of that, BRO also shows a nice and consistent pattern of rising prices.
BRO is one of the better performing stocks in the Insurance industry, it outperforms 75% of 141 stocks in the same industry.
BRO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BRO is performing more or less in line with the market.
BRO has an average volume of 1199570 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 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 82.15, a Stop Loss order could be placed below this zone.
More info and screens
52.97
88.42
When analyzing the support we can see 3 important areas.
- A support zone ranging from 80.62 to 82.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @73.70 from a trend line in the daily time frame.
- Support @53.50 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @85.90 from a horizontal line in the daily time frame.
- A resistance zone ranging from 87.54 to 87.54. 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
CRS82.06
Mansfield0.24
10 Day High83.5
10 Day Low80.33
20 Day High87.99
20 Day Low80.33
52 Week High87.99
52 Week Low61.71
Performance
1 Week1.42%
2 Weeks-0.45%
1 Month-5.71%
3 Month7.02%
6 Month21.66%
12 Month27.78%
2 Year32.75%
3 Year54.72%
5 Year159.15%
10 Year452.59%
15 Year745.63%
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)-0.1
RSI(14)44.13
LBB79.73
UBB85.12
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 |
|---|---|---|---|
| 83.51 | 80.61 | 2.90 (3.47%) | 25.00% |
| An entry @83.51. This is a Buy Stop order right above the 10 day high. | An exit @80.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.90 points, which is 3.47%. | For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
BROWN & BROWN INC
NYSE:BRO (4/25/2024, 4:53:47 PM)
After market: 82.27 -0.01 (-0.01%)82.28
+0.15 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.18%
1 Week1.42%
2 Weeks-0.45%
1 Month-5.71%
3 Month7.02%
6 Month21.66%
12 Month27.78%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.34
ATR(20)%1.65%
ATR Inc
Range Today1.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High83.5
10 Day Low80.33
20 Day High87.99
20 Day Low80.33
52 Week High87.99
52 Week Low61.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.61M
Volume Incr35.04%
Vol(5)1.59M
Vol(50)1.20M