BALDWIN INSURANCE GROUP INC/ (BRP) Technical Analysis
NASDAQ:BRP • US05589G1022
Current stock price
BRP Technical Rating and Analysis
Taking everything into account, BRP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BRP is showing a nice and steady performance.
- 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 part of the Insurance industry. There are 148 other stocks in this industry. BRP outperforms 99% of them.
- A new 52 week high is currently being made by BRP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- 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.
BRP Weekly and Daily overview Charts
BRP Setup Rating and Analysis
Although BRP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BRP Support and Resistance Analysis
26.15
When analyzing the support we can see 3 important 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.
BRP 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BRP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRP is up. |
| ChartMill Relative Strength | 90.27 | POSITIVE | BRP has a high relative strength, it outperformed 90.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.92 | NEUTRAL | The RSI value for BRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests BRP has a positive trend. |
| Stochastics (14,3) | 85.21 | OVERBOUGHT | The high Stochastics value suggests BRP may be overbought. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for BRP suggests some volalility. |
| Average Directional Index/ADX (14) | 27 | POSITIVE | The high ADX value value for BRP suggests a strong trend. |
BRP Chart- and CandleStick Pattern Analysis
BRP Technicals: Chart, Performance Metrics, Trend & Indicators
32.66
+0.15 (+0.46%)
BALDWIN INSURANCE GROUP INC/ / BRP TA FAQ
Can you provide the ChartMill technical rating for BALDWIN INSURANCE GROUP INC/?
ChartMill assigns a technical rating of 10 / 10 to BRP.
Can you provide the trend direction for BALDWIN INSURANCE GROUP INC/?
The current trend direction for BALDWIN INSURANCE GROUP INC/ (BRP) is Bullish.
Can you provide the RSI signal for BALDWIN INSURANCE GROUP INC/?
BALDWIN INSURANCE GROUP INC/ (BRP) has an RSI value of 69.9239. This indicates that the stock is currently neutral.
What is the MACD signal for BRP stock?
The MACD indicator for BALDWIN INSURANCE GROUP INC/ (BRP) has a value of 0.477023, indicating a bearish trend.
What is the short term momentum for BRP stock?
The short term momentum for BALDWIN INSURANCE GROUP INC/ (BRP) is positive.