BRSL Technical Analysis - BRIGHTSTAR LOTTERY PLC

Technical Rating and Analysis

Taking everything into account, BRSL scores 6 out of 10 in our technical rating. BRSL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, BRSL is a bad performer in the overall market: 100% of all stocks are doing better.

BRSL is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 90% of 135 stocks in the same industry do better.

Both the short term and long term trends are positive. This is a very positive sign.

BRSL has an average volume of 1737690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

In the last month BRSL has a been trading in the 16.36 - 18.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

BRIGHTSTAR LOTTERY PLC / BRSL Weekly stock chart

BRIGHTSTAR LOTTERY PLC / BRSL Daily stock chart

Setup Rating and Analysis

BRSL has an average technical rating and it also does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

16.83

18.49

We found 1 important support area.

A support zone ranging from 17.00 to 17.00. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 18.14 to 18.31. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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 BRSL is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for BRSL is up.
ChartMill Relative Strength	0	NEGATIVE	BRSL has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of BRSL is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of BRSL is above the rising SMA(50).
Relative Strength Index/RSI (14)	49.47	NEUTRAL	The RSI value for BRSL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.08	NEGATIVE	The MACD value suggests BRSL has a negative trend.
Stochastics (14,3)	40.97	NEUTRAL	The Stochastics value for BRSL is a neutral value.
Average True Range in percent/ATR (20)	2.32	MEDIUM VOLATILITY	The ATR as a percentage value for BRSL suggests some volalility.
Average Directional Index/ADX (14)	23.66	NEUTRAL	The ADX value for BRSL suggests a possible start of a new trend.