BRIGHTSPIRE CAPITAL INC (BRSP) Stock Technical Analysis
NYSE:BRSP - New York Stock Exchange, Inc. - US10949T1097 - REIT - Currency: USD
Overall BRSP gets a technical rating of 0 out of 10. BRSP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
77% of all other stocks performed better in the past year than BRSP.
BRSP is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 66 other stocks in this industry, of which 72% are performing better than BRSP.
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.
In the last month BRSP has a been trading in the 4.84 - 5.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
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
4.97
6.54
7 important resistance areas can be observed.
- A resistance zone ranging from 5.13 to 5.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.39 to 5.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.75 from a trend line in the weekly time frame.
- Resistance @5.89 from a trend line in the daily time frame.
- Resistance @6.10 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.34 to 6.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.48 from a horizontal line in the weekly 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 | 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 | 23.13 | NEGATIVE | BRSP has a low relative strength, it was outperformed by 76.87% 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) | DOWN | NEGATIVE | The current price of BRSP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.77 | NEUTRAL | The RSI value for BRSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BRSP has a negative trend. |
| Stochastics (14,3) | 44 | NEUTRAL | The Stochastics value for BRSP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for BRSP suggests some volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for BRSP suggests a weak or negative 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)
5.02
-0.08 (-1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-1.57%
1 Week-4.74%
2 Weeks-4.56%
1 Month-5.99%
3 Month16.74%
6 Month-9.22%
12 Month-20.94%
2 Year-31.79%
3 Year-43.21%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%2.53%
ATR Inc-34.2%
Range Today0.09
ADR(20)0.12
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.13
Mansfield-1.75
10 Day High5.31
10 Day Low4.84
20 Day High5.37
20 Day Low4.84
52 Week High6.71
52 Week Low4.16
CS1 EndN/A
CR1 Start5.13
Volume & EV
DER(3)-3.92%
DER(5)-3.48%
Volume546.90K
Volume Incr40.03%
Vol(5)789.40K
Vol(50)564.15K