DUTCH BROS INC-CLASS A (BROS) Stock Technical Analysis
USA - NYSE:BROS - US26701L1008 - Common Stock
54.91 USD
+0.38 (+0.7%)
54.9863 USD
+0.08 (+0.14%)
We assign a technical rating of 2 out of 10 to BROS. Although BROS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
BROS is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 88% of 135 stocks in the same industry.
BROS has an average volume of 3920920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BROS is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 10 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.
In the last month BROS has a been trading in the 47.16 - 58.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of BROS is bad and it also does not present a quality setup 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
48.38
74.46
We found 1 important support area.
- Support @48.87 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 54.92 to 55.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @69.30 from a trend line in the weekly time frame.
- Resistance @71.31 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 | DOWN | NEGATIVE | The short term trend for BROS is down. |
| ChartMill Relative Strength | 83.27 | POSITIVE | BROS has a high relative strength, it outperformed 83.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BROS is above a declining 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) | UP | MIXED | The current price of BROS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.95 | NEUTRAL | The RSI value for BROS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.03 | POSITIVE | The MACD value suggests BROS has a positive trend. |
| Stochastics (14,3) | 94.16 | OVERBOUGHT | The high Stochastics value suggests BROS may be overbought. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for BROS suggests some volalility. |
| Average Directional Index/ADX (14) | 31.57 | POSITIVE | The high ADX value value for BROS 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)
54.91
+0.38 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.7%
1 Week12.34%
2 Weeks8.63%
1 Month-6.33%
3 Month-14.7%
6 Month-5.77%
12 Month56.8%
2 Year125.6%
3 Year48.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.09
ATR(20)%3.85%
ATR Inc-4.06%
Range Today1.47
ADR(20)2.03
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.27
Mansfield-1.83
10 Day High55.4
10 Day Low47.16
20 Day High58.52
20 Day Low47.16
52 Week High86.88
52 Week Low32.68
CS1 End48.87
CR1 Start54.92
Volume & EV
DER(3)0.86%
DER(5)0.93%
Volume3.24M
Volume Incr19.86%
Vol(5)5.03M
Vol(50)3.92M