BRIXMOR PROPERTY GROUP INC (BRX) Technical Analysis
NYSE:BRX • US11120U1051
Current stock price
BRX Technical Rating and Analysis
Overall BRX gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BRX is only an average performer.
- The long and short term trends are both positive. This is looking good!
- BRX is one of the better performing stocks in the Diversified REITs industry, it outperforms 86% of 123 stocks in the same industry.
- BRX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BRX is leading the market.
- BRX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- BRX has an average volume of 3113050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, BRX did better than 79% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month BRX has a been trading in a tight range between 29.12 and 30.70.
BRX Weekly and Daily overview Charts
BRX Setup Rating and Analysis
BRX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 29.65, a Stop Loss order could be placed below this zone.
More info and screens
BRX Support and Resistance Analysis
24.39
6 important support areas can be observed.
- A support zone ranging from 29.65 to 29.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.29 from a trend line in the daily time frame.
- Support @26.56 from a horizontal line in the daily time frame.
- A support zone ranging from 25.47 to 25.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.04 from a horizontal line in the daily time frame.
- Support @24.64 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.97 to 30.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BRX Technical Indicator Signal Analysis
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 BRX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRX is up. |
| ChartMill Relative Strength | 79.01 | POSITIVE | BRX has a high relative strength, it outperformed 79.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BRX is below 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) | 60.89 | NEUTRAL | The RSI value for BRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests BRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.49 | NEUTRAL | The Stochastics value for BRX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for BRX suggests low volalility. |
| Average Directional Index/ADX (14) | 35.31 | POSITIVE | The high ADX value value for BRX suggests a strong trend. |
BRX Chart- and CandleStick Pattern Analysis
BRX Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 30.65 | 29.64 | 1.01 (3.30%) | 25.00% |
| An entry @30.65. This is a Buy Stop order right above the resistance zone. | An exit @29.64. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.01 points, which is 3.30%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BRX Technicals: Chart, Performance Metrics, Trend & Indicators
29.97
+0.32 (+1.08%)
BRIXMOR PROPERTY GROUP INC / BRX TA FAQ
What is the ChartMill technical rating of BRIXMOR PROPERTY GROUP INC (BRX) stock?
ChartMill assigns a technical rating of 8 / 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 Bullish.
What is the RSI signal for BRIXMOR PROPERTY GROUP INC (BRX) stock?
BRIXMOR PROPERTY GROUP INC (BRX) has an RSI value of 60.8881. 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 -0.178462, 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.