BRIXMOR PROPERTY GROUP INC (BRX) Stock Technical Analysis
NYSE:BRX - New York Stock Exchange, Inc. - US11120U1051 - REIT - Currency: USD
We assign a technical rating of 1 out of 10 to BRX. BRX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
In the last month BRX has a been trading in the 24.38 - 26.59 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
BRX is part of the Diversified REITs industry. There are 129 other stocks in this industry. BRX outperforms 73% of them.
BRX has an average volume of 2501870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, BRX outperforms 57% of them, which is more or less in line with the market.
BRX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BRX is lagging the market slightly.
Although the technical rating is bad, BRX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 24.91, a Stop Loss order could be placed below this zone.
More info and screens
23.72
28.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.89 to 24.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @24.43 from a trend line in the weekly time frame.
- Support @23.96 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 25.26 to 26.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.71 to 26.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 27.84 to 28.12. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for BRX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRX is neutral. |
| ChartMill Relative Strength | 57.97 | NEUTRAL | BRX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.52 | NEUTRAL | The RSI value for BRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BRX has a negative trend. |
| Stochastics (14,3) | 46.3 | NEUTRAL | The Stochastics value for BRX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for BRX suggests some volalility. |
| Average Directional Index/ADX (14) | 10.47 | NEGATIVE | The low ADX value for BRX 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)
25.19
-0.22 (-0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.87%
1 Week2.23%
2 Weeks-5.23%
1 Month-1.98%
3 Month-5.66%
6 Month-15.3%
12 Month11.51%
2 Year14.5%
3 Year24.64%
5 Year96.49%
10 Year8.91%
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%2.3%
ATR Inc-8.13%
Range Today0.48
ADR(20)0.51
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.97
Mansfield-0.78
10 Day High26.47
10 Day Low24.38
20 Day High26.59
20 Day Low24.38
52 Week High30.67
52 Week Low22.02
CS1 End24.91
CR1 Start25.26
Volume & EV
DER(3)-1.89%
DER(5)-0.74%
Volume3.06M
Volume Incr4.63%
Vol(5)2.58M
Vol(50)2.50M