GLOBAL BRASS & COPPR HLDGS INC (BRSS) Technical Analysis
NYSE:BRSS
Current stock price
BRSS Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to BRSS. Both in the recent history as in the last year, BRSS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- BRSS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- Looking at the yearly performance, BRSS did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month BRSS has a been trading in a tight range between 43.64 and 44.02.
BRSS Weekly and Daily overview Charts
BRSS Setup Rating and Analysis
Besides having an excellent technical rating, BRSS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 44.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.97, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
BRSS Support and Resistance Analysis
42.17
When analyzing the support we notice one important area.
- A support zone ranging from 42.60 to 43.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 44.00 to 44.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
BRSS 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 | UP | POSITIVE | The long term trend for BRSS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRSS is up. |
| ChartMill Relative Strength | 91.24 | POSITIVE | BRSS has a high relative strength, it outperformed 91.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRSS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRSS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRSS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.49 | OVERBOUGHT | The high RSI value suggests BRSS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BRSS has a negative trend. |
| Stochastics (14,3) | 88.83 | OVERBOUGHT | The high Stochastics value suggests BRSS may be overbought. |
| Average True Range in percent/ATR (20) | 0.13 | LOW VOLATILITY | The low ATR as a percentage value for BRSS suggests low volalility. |
BRSS Chart- and CandleStick Pattern Analysis
BRSS Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 44.10 | 43.93 | 0.17 (0.39%) | 25.00% |
| An entry @44.10. This is a Buy Stop order right above the resistance zone. | An exit @43.93. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.17 points, which is 0.39%. | For a 0.10% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BRSS Technicals: Chart, Performance Metrics, Trend & Indicators
43.99
+0.01 (+0.02%)
GLOBAL BRASS & COPPR HLDGS INC / BRSS TA FAQ
Can you provide the ChartMill technical rating for GLOBAL BRASS & COPPR HLDGS INC?
ChartMill assigns a technical rating of 7 / 10 to BRSS.
What is the trend direction for BRSS stock?
The current trend direction for GLOBAL BRASS & COPPR HLDGS INC (BRSS) is Bullish.
Can you provide the RSI signal for GLOBAL BRASS & COPPR HLDGS INC?
GLOBAL BRASS & COPPR HLDGS INC (BRSS) has an RSI value of 70.4923. This indicates that the stock is currently overbought.
Can you provide the MACD signal for GLOBAL BRASS & COPPR HLDGS INC?
The MACD indicator for GLOBAL BRASS & COPPR HLDGS INC (BRSS) has a value of -0.0226085, indicating a bearish trend.
What is the support and resistance level for BRSS stock?
GLOBAL BRASS & COPPR HLDGS INC (BRSS) has a support level at 43.97 and a resistance level at 44. Check the full technical report for our detailed analysis of BRSS support and resistance levels.