SABA CAPITAL INCOME & OPPORT (BRW) Stock Technical Analysis
NYSE:BRW - US78518H2022
We assign a technical rating of 5 out of 10 to BRW. BRW has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, BRW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 8.27, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BRW 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.
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6.94
4 important support areas can be observed.
- A support zone ranging from 8.18 to 8.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.75 from a horizontal line in the daily time frame.
- Support @7.54 from a horizontal line in the daily time frame.
- A support zone ranging from 7.01 to 7.18. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.31 to 8.47. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for BRW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRW is neutral. |
| ChartMill Relative Strength | 66.02 | NEUTRAL | BRW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.26 | NEUTRAL | The RSI value for BRW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BRW has a negative trend. |
| Stochastics (14,3) | 37.88 | NEUTRAL | The Stochastics value for BRW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for BRW suggests low volalility. |
| Average Directional Index/ADX (14) | 23.76 | NEUTRAL | The ADX value for BRW suggests a possible start of a new trend. |
NYSE:BRW (8/29/2025, 8:09:01 PM)
8.29
-0.06 (-0.72%)