BRIXMOR PROPERTY GROUP INC (BRX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BRX - US11120U1051 - REIT
Overall BRX gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BRX was also a bad performer in the overall market in the last year.
BRX has a bad technical rating, but it does show 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 26.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.14, a Stop Loss order could be placed below this zone.
More info and screens
23.72
We found 3 important support areas.
- A support zone ranging from 25.36 to 26.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.82 to 24.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @23.96 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 26.25 to 26.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.41 from a trend line in the weekly time frame.
- A resistance zone ranging from 27.96 to 28.20. 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 | 33.48 | 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) | DOWN | NEGATIVE | The current price of BRX is below a declining 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) | 53.65 | NEUTRAL | The RSI value for BRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests BRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.24 | OVERBOUGHT | The high Stochastics value suggests BRX may be overbought. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for BRX suggests low volalility. |
| Average Directional Index/ADX (14) | 16.82 | NEGATIVE | The low ADX value for BRX suggests a weak or negative trend. |
26.22
-0.16 (-0.61%)
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 3 / 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 53.6514. This indicates that the stock is currently neutral.
What is the MACD signal for BRX stock?
The MACD indicator for BRIXMOR PROPERTY GROUP INC (BRX) has a value of 0.106315, 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.