BROWN & BROWN INC (BRO) Stock Technical Analysis
USA - NYSE:BRO - US1152361010 - Common Stock
91.73 USD
-0.14 (-0.15%)
91.73 USD
0 (0%)
We assign a technical rating of 0 out of 10 to BRO. BRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BRO is a bad performer in the overall market: 86% of all stocks are doing better.
BRO is part of the Insurance industry. There are 146 other stocks in this industry, of which 78% are performing better than BRO.
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 3051190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BRO has a poor technical rating and the quality of the setup is also not perfect 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
99.35
When analyzing the support we notice one important area.
- A support zone ranging from 90.88 to 91.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 92.67 to 92.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 96.00 to 98.37. 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 | 14.52 | NEGATIVE | BRO has a low relative strength, it was outperformed by 85.48% 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) | 37.43 | NEUTRAL | The RSI value for BRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests BRO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.32 | 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) | 26.44 | 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-1.93%
2 Weeks-3.23%
1 Month-4.84%
3 Month-15.57%
6 Month-22.6%
12 Month-9.19%
2 Year31.34%
3 Year51.67%
5 Year102.63%
10 Year492.38%
15 Year808.67%
Volatility
ATR(14)1.69
ATR(20)%1.73%
ATR Inc-30.13%
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
CRS14.52
Mansfield-2.37
10 Day High95.46
10 Day Low89.99
20 Day High97.73
20 Day Low89.99
52 Week High125.68
52 Week Low89.99
CS1 End91.72
CR1 Start92.67
Volume & EV
DER(3)-1.08%
DER(5)-0.79%
Volume6.47M
Volume Incr48.1%
Vol(5)3.42M
Vol(50)3.05M