USA - NYSE:BRT - US0556453035 - REIT
Overall BRT gets a technical rating of 0 out of 10. BRT'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.
Although the technical rating is bad, BRT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.52, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BRT in the last couple of days, which is a good sign.
14.29
When analyzing the support we notice one important area.
When analyzing the resistance we notice 3 important areas.
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 BRT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRT is neutral. |
| ChartMill Relative Strength | 20.34 | NEGATIVE | BRT has a low relative strength, it was outperformed by 79.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.46 | NEUTRAL | The RSI value for BRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BRT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.99 | NEUTRAL | The Stochastics value for BRT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for BRT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.92 | NEUTRAL | The ADX value for BRT suggests a possible start of a new trend. |
14.64
-0.14 (-0.95%)
ChartMill assigns a technical rating of 0 / 10 to BRT.
The current trend direction for BRT APARTMENTS CORP (BRT) is Bearish.
BRT APARTMENTS CORP (BRT) has an RSI value of 40.4591. This indicates that the stock is currently neutral.
BRT APARTMENTS CORP (BRT) has a support level at 14.52 and a resistance level at 15.11. Check the full technical report for our detailed analysis of BRT support and resistance levels.