BRP GROUP INC-A (BRP)

US05589G1022 - Common Stock

27.54  +0.24 (+0.88%)

After market: 27.54 0 (0%)

Technical Rating and Analysis

6

Overall BRP gets a technical rating of 6 out of 10. In the last year, BRP was one of the better performers, but we do observe some doubts in the very recent evolution.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
BRP is part of the Insurance industry. There are 141 other stocks in this industry. BRP outperforms 74% of them.
BRP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BRP is performing more or less in line with the market.
In the last month BRP has a been trading in the 26.08 - 29.36 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that BRP is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BRP Weekly chart
BRP Daily chart
Setup Rating and Analysis

8

BRP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 28.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.39, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

26.15

30.90

When analyzing the support we notice one important area.

  • A support zone ranging from 26.41 to 27.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 28.99 to 29.31. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Resistance @29.85 from a horizontal line in the daily time frame.
  • Resistance @30.59 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.48
Mansfield0.25
10 Day High28.2
10 Day Low26.08
20 Day High29.36
20 Day Low26.08
52 Week High30.84
52 Week Low17.33
Performance
1 Week3.15%
2 Weeks-0.18%
1 Month-1.5%
3 Month23.17%
6 Month22.45%
12 Month13.38%
2 Year9.2%
3 Year12.04%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)50.37
LBB26.16
UBB28.05
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
28.2126.401.81 (6.40%)15.63%
An entry @28.21. This is a Buy Stop order right above the 10 day high.An exit @26.40. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.81 points, which is 6.40%.When investing 15.63% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BRP Daily chart

BRP GROUP INC-A

NASDAQ:BRP (5/3/2024, 7:00:01 PM)

After market: 27.54 0 (0%)

27.54

+0.24 (+0.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.88%
1 Week3.15%
2 Weeks-0.18%
1 Month-1.5%
3 Month23.17%
6 Month22.45%
12 Month13.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.82
ATR(20)%3.29%
ATR Inc
Range Today0.63
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High28.2
10 Day Low26.08
20 Day High29.36
20 Day Low26.08
52 Week High30.84
52 Week Low17.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume134.90K
Volume Incr-19.05%
Vol(5)208.20K
Vol(50)345.70K