DUTCH BROS INC-CLASS A (BROS) Stock Technical Analysis
USA - NYSE:BROS - US26701L1008 - Common Stock
56.01 USD
-0.67 (-1.18%)
56.4 USD
+0.39 (+0.7%)
Overall BROS gets a technical rating of 2 out of 10. BROS 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
BROS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BROS is part of the Hotels, Restaurants & Leisure industry. There are 132 other stocks in this industry. BROS outperforms 76% of them.
BROS has an average volume of 4117020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, BROS turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
In the last month BROS has a been trading in the 50.70 - 60.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BROS has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
48.38
74.46
We found 3 important support areas.
- Support @53.98 from a trend line in the daily time frame.
- Support @50.47 from a trend line in the weekly time frame.
- Support @48.87 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 56.01 to 57.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @59.88 from a horizontal line in the daily time frame.
- Resistance @67.85 from a trend line in the weekly time frame.
- Resistance @69.89 from a trend line in the daily time frame.
- 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 | DOWN | NEGATIVE | The long term trend for BROS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BROS is neutral. |
| ChartMill Relative Strength | 56.33 | NEUTRAL | BROS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BROS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BROS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BROS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.06 | NEUTRAL | The RSI value for BROS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BROS has a positive trend. |
| Stochastics (14,3) | 49.12 | NEUTRAL | The Stochastics value for BROS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for BROS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.38 | NEUTRAL | The ADX value for BROS suggests a possible start of a new 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)
56.01
-0.67 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.18%
1 Week1.52%
2 Weeks-5.58%
1 Month5.84%
3 Month-11.08%
6 Month-24.02%
12 Month20.17%
2 Year109.54%
3 Year48.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.87
ATR(20)%4.68%
ATR Inc32%
Range Today3.12
ADR(20)2.48
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.33
3 months CRS16.78
6 months CRS10.77
Mansfield-1.97
10 Day High59.37
10 Day Low50.7
20 Day High60.22
20 Day Low50.7
52 Week High86.88
52 Week Low46.53
CS1 End53.98
CR1 Start56.01
Volume & EV
DER(3)-0.88%
DER(5)-2.29%
Volume3.00M
Volume Incr29.29%
Vol(5)5.44M
Vol(50)4.12M
DUTCH BROS INC-CLASS A / BROS FAQ
What is the ChartMill technical rating of DUTCH BROS INC-CLASS A (BROS) stock?
ChartMill assigns a technical rating of 2 / 10 to BROS.
What is the current trend direction of DUTCH BROS INC-CLASS A (BROS) stock?
The current trend direction for DUTCH BROS INC-CLASS A (BROS) is Bearish.
What is the RSI signal for BROS stock?
DUTCH BROS INC-CLASS A (BROS) has an RSI value of 51.0646. This indicates that the stock is currently neutral.
What is the short term momentum for BROS stock?
The short term momentum for DUTCH BROS INC-CLASS A (BROS) is neutral.