BRIXMOR PROPERTY GROUP INC (BRX) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:BRX • US11120U1051
Overall BRX gets a technical rating of 7 out of 10. BRX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- BRX 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.
- In the last month BRX has a been trading in the 25.46 - 28.46 range, which is quite wide. It is currently trading near the high of this range.
- BRX has an average volume of 2921940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, BRX turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
- BRX is an average performer in the Diversified REITs industry, it outperforms 58% of 124 stocks in the same industry.
Although BRX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
24.39
We found 1 important support area.
- A support zone ranging from 24.64 to 26.91. 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 28.33 to 28.33. 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 | NEUTRAL | NEUTRAL | The long term trend for BRX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRX is up. |
| ChartMill Relative Strength | 54.89 | NEUTRAL | BRX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.05 | OVERBOUGHT | The high RSI value suggests BRX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests BRX has a positive trend. |
| Stochastics (14,3) | 95.65 | OVERBOUGHT | The high Stochastics value suggests BRX may be overbought. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for BRX suggests low volalility. |
| Average Directional Index/ADX (14) | 19.06 | NEGATIVE | The low ADX value for BRX suggests a weak or negative trend. |
28.32
+0.31 (+1.11%)
BRIXMOR PROPERTY GROUP INC / BRX FAQ
What is the ChartMill technical rating of BRIXMOR PROPERTY GROUP INC (BRX) stock?
ChartMill assigns a technical rating of 7 / 10 to BRX.
What is the current trend direction of BRIXMOR PROPERTY GROUP INC (BRX) stock?
The current trend direction for BRIXMOR PROPERTY GROUP INC (BRX) is Bearish.
What is the RSI signal for BRIXMOR PROPERTY GROUP INC (BRX) stock?
BRIXMOR PROPERTY GROUP INC (BRX) has an RSI value of 73.0532. This indicates that the stock is currently overbought.
What is the MACD signal for BRX stock?
The MACD indicator for BRIXMOR PROPERTY GROUP INC (BRX) has a value of 0.203011, indicating a bearish trend.
What is the short term momentum for BRIXMOR PROPERTY GROUP INC (BRX) stock?
The short term momentum for BRIXMOR PROPERTY GROUP INC (BRX) is positive.