BRIGHTSPIRE CAPITAL INC (BRSP) Technical Analysis
NYSE:BRSP • US10949T1097
Current stock price
BRSP Technical Rating and Analysis
Taking everything into account, BRSP scores 1 out of 10 in our technical rating. 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.
- BRSP is one of the better performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 89% of 68 stocks in the same industry.
- In the last month BRSP has a been trading in the 5.40 - 5.79 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.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, BRSP turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
- BRSP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BRSP is lagging the market slightly.
BRSP Weekly and Daily overview Charts
BRSP Setup Rating and Analysis
BRSP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
BRSP Support and Resistance Analysis
5.34
2 important support areas can be observed.
- A support zone ranging from 5.58 to 5.58. 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 5.39 to 5.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.76 to 5.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.92 to 6.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.15 from a horizontal line in the daily time frame.
BRSP 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 | NEUTRAL | NEUTRAL | The long term trend for BRSP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRSP is down. |
| ChartMill Relative Strength | 48.53 | NEUTRAL | BRSP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRSP is below 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) | UP | POSITIVE | The current price of BRSP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.87 | NEUTRAL | The RSI value for BRSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BRSP has a positive trend. |
| Stochastics (14,3) | 56.57 | NEUTRAL | The Stochastics value for BRSP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for BRSP suggests some volalility. |
| Average Directional Index/ADX (14) | 24.32 | NEUTRAL | The ADX value for BRSP suggests a possible start of a new trend. |
BRSP Chart- and CandleStick Pattern Analysis
BRSP Technicals: Chart, Performance Metrics, Trend & Indicators
5.6
+0.04 (+0.72%)
BRIGHTSPIRE CAPITAL INC / BRSP TA FAQ
What is the technical rating for BRSP stock?
ChartMill assigns a technical rating of 1 / 10 to BRSP.
What is the trend direction for BRSP stock?
The current trend direction for BRIGHTSPIRE CAPITAL INC (BRSP) is Bearish.
What is the RSI signal for BRIGHTSPIRE CAPITAL INC (BRSP) stock?
BRIGHTSPIRE CAPITAL INC (BRSP) has an RSI value of 46.8693. This indicates that the stock is currently neutral.
What is the MACD signal for BRIGHTSPIRE CAPITAL INC (BRSP) stock?
The MACD indicator for BRIGHTSPIRE CAPITAL INC (BRSP) has a value of 0.00675594, indicating a bearish trend.