Logo image of BRP

BALDWIN INSURANCE GROUP INC/ (BRP) Stock Technical Analysis

NASDAQ:BRP - Nasdaq - US05589G1022 - Common Stock - Currency: USD

32.66  +0.15 (+0.46%)

After market: 32.66 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, BRP scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BRP has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BRP did better than 90% of all other stocks.
BRP is one of the better performing stocks in the Insurance industry, it outperforms 89% of 142 stocks in the same industry.
A new 52 week high is currently being made by BRP, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so BRP is leading the market.
In the last month BRP has a been trading in the 26.08 - 33.03 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
BALDWIN INSURANCE GROUP INC/ / BRP Weekly stock chart
BALDWIN INSURANCE GROUP INC/ / BRP Daily stock chart
Setup Rating and Analysis

2

Although BRP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

26.15

32.99

We found 3 important support areas.

  • A support zone ranging from 29.85 to 30.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 27.63 to 28.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @26.41 from a horizontal line in the daily time frame.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for BRP is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for BRP is up.
ChartMill Relative Strength90.27POSITIVEBRP has a high relative strength, it outperformed 90.27% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of BRP is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BRP is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BRP is above the rising SMA(200).
Relative Strength Index/RSI (14)69.92NEUTRALThe RSI value for BRP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.48POSITIVEThe MACD value suggests BRP has a positive trend.
Stochastics (14,3)85.21OVERBOUGHTThe high Stochastics value suggests BRP may be overbought.
Average True Range in percent/ATR (20)3.46MEDIUM VOLATILITYThe ATR as a percentage value for BRP suggests some volalility.
Average Directional Index/ADX (14)27POSITIVEThe high ADX value value for BRP suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
BALDWIN INSURANCE GROUP INC/ / BRP Daily stock chart

BALDWIN INSURANCE GROUP INC/

NASDAQ:BRP (5/17/2024, 8:00:02 PM)

After market: 32.66 0 (0%)

32.66

+0.15 (+0.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.46%
1 Week8.9%
2 Weeks18.59%
1 Month18.38%
3 Month21.01%
6 Month74%
12 Month48.19%
2 Year29.5%
3 Year32.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.29
ATR(20)%3.46%
ATR Inc80.69%
Range Today1.09
ADR(20)1.07
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.27
Mansfield1.69
10 Day High33.03
10 Day Low27.53
20 Day High33.03
20 Day Low26.08
52 Week High33.03
52 Week Low17.33
CS1 End30.31
CR1 StartN/A
Volume & EV
DER(3)7.01%
DER(5)5.2%
Volume694.60K
Volume Incr50.98%
Vol(5)473.80K
Vol(50)331.52K