DUTCH BROS INC-CLASS A (BROS) Stock Technical Analysis
NYSE:BROS - New York Stock Exchange, Inc. - US26701L1008 - Common Stock - Currency: USD
Overall BROS gets a technical rating of 4 out of 10. In the last year, BROS was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month BROS has a been trading in the 62.86 - 71.98 range, which is quite wide. It is currently trading near the lows of this range.
BROS is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. BROS outperforms 76% of them.
BROS has an average volume of 3004790 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.
Looking at the yearly performance, BROS did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
BROS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BROS is lagging the market.
BROS has an average technical rating and the quality of the presented setup is also not ideal 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
35.79
74.46
When analyzing the support we can see 5 important areas.
- A support zone ranging from 63.14 to 63.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.38 from a trend line in the weekly time frame.
- Support @54.71 from a trend line in the daily time frame.
- Support @51.98 from a horizontal line in the daily time frame.
- Support @36.15 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 69.34 to 70.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @73.72 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for BROS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BROS is down. |
| ChartMill Relative Strength | 86.93 | POSITIVE | BROS has a high relative strength, it outperformed 86.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BROS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BROS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BROS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.6 | NEUTRAL | The RSI value for BROS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests BROS has a negative trend. |
| Stochastics (14,3) | 10.74 | OVERSOLD | The low Stochastics value suggests BROS may be oversold. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for BROS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.89 | NEGATIVE | The low ADX value for BROS suggests a weak or negative 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)
63.33
-0.38 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.6%
1 Week-5.79%
2 Weeks-6.12%
1 Month-11.39%
3 Month9.93%
6 Month10.7%
12 Month55.45%
2 Year104.22%
3 Year68.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.41
ATR(20)%4.1%
ATR Inc-1.94%
Range Today1.49
ADR(20)2.43
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.93
Mansfield1
10 Day High71
10 Day Low62.86
20 Day High71.98
20 Day Low62.86
52 Week High86.88
52 Week Low26.96
CS1 End63.32
CR1 Start69.34
Volume & EV
DER(3)-0.84%
DER(5)-0.07%
Volume2.13M
Volume Incr-22.45%
Vol(5)2.25M
Vol(50)3.00M