DUTCH BROS INC-CLASS A (BROS) Stock Technical Analysis
USA - NYSE:BROS - US26701L1008 - Common Stock
Taking everything into account, BROS scores 4 out of 10 in our technical rating. In the past year, BROS was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, BROS does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 54.23, a Stop Loss order could be placed below this zone.
More info and screens
49.97
We found 2 important support areas.
- A support zone ranging from 53.21 to 54.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @50.47 from a trend line in the weekly time frame.
We can see 6 important resistance areas.
- Resistance @57.63 from a horizontal line in the weekly time frame.
- 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 @69.80 from a trend line in the daily time frame.
- Resistance @72.15 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 | NEUTRAL | NEUTRAL | The long term trend for BROS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BROS is up. |
| ChartMill Relative Strength | 63.56 | NEUTRAL | BROS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BROS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BROS is above 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) | 55.64 | NEUTRAL | The RSI value for BROS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests BROS has a positive trend. |
| Stochastics (14,3) | 63.78 | NEUTRAL | The Stochastics value for BROS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for BROS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.26 | NEGATIVE | The low ADX value for BROS suggests a weak or negative trend. |
57.62
+1.61 (+2.87%)
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 4 / 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 55.6431. 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 positive.