BRIGHTSPIRE CAPITAL INC (BRSP) Stock Technical Analysis
USA - NYSE:BRSP - US10949T1097 - REIT
5.42 USD
-0.04 (-0.73%)
5.42 USD
0 (0%)
Overall BRSP gets a technical rating of 3 out of 10. In the last year, BRSP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, BRSP is a bad performer in the overall market: 75% of all stocks are doing better.
In the last month BRSP has a been trading in the 5.13 - 5.51 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BRSP is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry, BRSP did better than 47% of them.
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. Prices have been consolidating lately. We notice that large players showed an interest for BRSP in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.85
6.11
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.32 to 5.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.22 to 5.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 can see 4 important resistance areas.
- A resistance zone ranging from 5.44 to 5.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.73 from a trend line in the weekly time frame.
- Resistance @5.83 from a trend line in the daily time frame.
- A resistance zone ranging from 5.95 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 | NEUTRAL | NEUTRAL | The long term trend for BRSP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRSP is neutral. |
| ChartMill Relative Strength | 25.95 | NEGATIVE | BRSP has a low relative strength, it was outperformed by 74.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRSP is above the rising 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 | MIXED | The current price of BRSP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.51 | NEUTRAL | The RSI value for BRSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BRSP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.95 | NEUTRAL | The Stochastics value for BRSP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for BRSP suggests some volalility. |
| Average Directional Index/ADX (14) | 21 | NEUTRAL | The ADX value for BRSP suggests a possible start of a new 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)
5.42
-0.04 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-0.73%
1 Week0.93%
2 Weeks5.04%
1 Month3.04%
3 Month-2.17%
6 Month0.74%
12 Month-12.86%
2 Year-20.18%
3 Year-24.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%2.02%
ATR Inc11.78%
Range Today0.14
ADR(20)0.11
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.95
3 months CRS31.96
6 months CRS36.4
Mansfield-1.11
10 Day High5.51
10 Day Low5.13
20 Day High5.51
20 Day Low5.13
52 Week High6.45
52 Week Low4.16
CS1 End5.39
CR1 Start5.44
Volume & EV
DER(3)2.28%
DER(5)4.02%
Volume1.19M
Volume Incr13.4%
Vol(5)751.36K
Vol(50)676.57K
BRIGHTSPIRE CAPITAL INC / BRSP FAQ
What is the technical rating for BRSP stock?
ChartMill assigns a technical rating of 3 / 10 to BRSP.
What is the current trend direction of BRIGHTSPIRE CAPITAL INC (BRSP) stock?
The current trend direction for BRIGHTSPIRE CAPITAL INC (BRSP) is Bearish.
What is the RSI signal for BRSP stock?
BRIGHTSPIRE CAPITAL INC (BRSP) has an RSI value of 54.5086. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BRIGHTSPIRE CAPITAL INC?
The MACD indicator for BRIGHTSPIRE CAPITAL INC (BRSP) has a value of 0.0294483, indicating a bearish trend.
What is the short term momentum for BRIGHTSPIRE CAPITAL INC (BRSP) stock?
The short term momentum for BRIGHTSPIRE CAPITAL INC (BRSP) is neutral.