BRIGHTSPIRE CAPITAL INC (BRSP) Technical Analysis
NYSE:BRSP • US10949T1097
We assign a technical rating of 0 out of 10 to BRSP. BRSP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 73% of all other stocks performed better in the past year than BRSP.
- BRSP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BRSP is lagging the market slightly.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- BRSP is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry, BRSP did better than 52% of them.
- In the last month BRSP has a been trading in the 5.46 - 6.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BRSP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.69, a Stop Loss order could be placed below this zone. 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
5.33
We found 2 important support areas.
- A support zone ranging from 5.60 to 5.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.38 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.72 to 5.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.94 to 5.99. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @6.15 from a horizontal line in the daily time frame.
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 | 27.61 | NEGATIVE | BRSP has a low relative strength, it was outperformed by 72.39% off all stocks 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) | 43.86 | NEUTRAL | The RSI value for BRSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BRSP has a negative trend. |
| Stochastics (14,3) | 45.95 | NEUTRAL | The Stochastics value for BRSP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for BRSP suggests some volalility. |
| Average Directional Index/ADX (14) | 18.64 | NEGATIVE | The low ADX value for BRSP suggests a weak or negative trend. |
BRSP Technicals: Chart, Performance Metrics, Trend & Indicators
5.69
-0.04 (-0.7%)
BRIGHTSPIRE CAPITAL INC / BRSP FAQ
What is the technical rating for BRSP stock?
ChartMill assigns a technical rating of 0 / 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 BRSP stock?
BRIGHTSPIRE CAPITAL INC (BRSP) has an RSI value of 43.86. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BRIGHTSPIRE CAPITAL INC?
The short term momentum for BRIGHTSPIRE CAPITAL INC (BRSP) is negative.
What are the support and resistance levels for BRIGHTSPIRE CAPITAL INC (BRSP) stock?
BRIGHTSPIRE CAPITAL INC (BRSP) has a support level at 5.69 and a resistance level at 5.72. Check the full technical report for our detailed analysis of BRSP support and resistance levels.