BRIGHTSPIRE CAPITAL INC (BRSP) Stock Technical Analysis
USA - NYSE:BRSP - US10949T1097 - REIT
5.31 USD
-0.07 (-1.3%)
5.2559 USD
-0.05 (-1.02%)
We assign a technical rating of 1 out of 10 to BRSP. BRSP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
BRSP is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 66 other stocks in this industry. BRSP outperforms 86% of them.
In the last month BRSP has a been trading in the 5.06 - 5.67 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 compared to the yearly performance of all other stocks, BRSP outperforms 53% of them, which is more or less in line with the market.
BRSP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRSP is lagging the market.
Although the technical rating is bad, BRSP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for BRSP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.85
6.11
3 important support areas can be observed.
- Support @5.13 from a trend line in the daily time frame.
- Support @4.99 from a horizontal line in the daily time frame.
- A support zone ranging from 4.90 to 4.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.80 to 6.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BRSP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRSP is down. |
| ChartMill Relative Strength | 53.32 | NEUTRAL | BRSP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BRSP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRSP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRSP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.11 | NEUTRAL | The RSI value for BRSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BRSP has a positive trend. |
| Stochastics (14,3) | 66.73 | NEUTRAL | The Stochastics value for BRSP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for BRSP suggests some volalility. |
| Average Directional Index/ADX (14) | 27.11 | POSITIVE | The high ADX value value for BRSP 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)
5.31
-0.07 (-1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-1.3%
1 Week2.51%
2 Weeks3.91%
1 Month-5.35%
3 Month8.15%
6 Month11.32%
12 Month0.38%
2 Year-6.18%
3 Year-30.86%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%2.37%
ATR Inc-23.74%
Range Today0.1
ADR(20)0.12
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.32
3 months CRS74.36
6 months CRS51.35
Mansfield-1.43
10 Day High5.39
10 Day Low5.07
20 Day High5.67
20 Day Low5.06
52 Week High6.45
52 Week Low4.16
CS1 End5.13
CR1 Start5.8
Volume & EV
DER(3)1.16%
DER(5)3.05%
Volume525.60K
Volume Incr-29.31%
Vol(5)512.64K
Vol(50)635.90K