BRIXMOR PROPERTY GROUP INC (BRX) Stock Technical Analysis
USA - NYSE:BRX - US11120U1051 - REIT
27.99 USD
-0.1 (-0.36%)
27.99 USD
0 (0%)
We assign a technical rating of 8 out of 10 to BRX. Although BRX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
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 2172600 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 48% of all stocks.
BRX is an average performer in the Diversified REITs industry, it outperforms 69% of 129 stocks in the same industry.
BRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRX is lagging the market.
BRX has an excellent technical rating and also presents a decent setup pattern. 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 very little resistance above the current price. There is a support zone below the current price at 27.95, a Stop Loss order could be placed below this zone.
More info and screens
23.72
28.27
When analyzing the support we can see 4 important areas.
- A support zone ranging from 27.62 to 27.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 25.86 to 26.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.64 to 25.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.96 from a horizontal line in the weekly time frame.
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 | 48.39 | 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) | DOWN | MIXED | The current price of BRX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.88 | NEUTRAL | The RSI value for BRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BRX has a negative trend. |
| Stochastics (14,3) | 63.97 | NEUTRAL | The Stochastics value for BRX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for BRX suggests low volalility. |
| Average Directional Index/ADX (14) | 28.02 | POSITIVE | The high ADX value value for BRX suggests a strong 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)
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 |
|---|---|---|---|
| 28.48 | 27.61 | 0.87 (3.04%) | 25.00% |
| An entry @28.48. This is a Buy Stop order right above the 10 day high. | An exit @27.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.87 points, which is 3.04%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- 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.
27.99
-0.1 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.36%
1 Week-0.74%
2 Weeks-0.18%
1 Month6.1%
3 Month9.38%
6 Month9.94%
12 Month-0.11%
2 Year34.7%
3 Year51.54%
5 Year139.44%
10 Year19.21%
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%1.53%
ATR Inc-26.83%
Range Today0.32
ADR(20)0.41
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.39
Mansfield-0.57
10 Day High28.47
10 Day Low27.56
20 Day High28.47
20 Day Low26.33
52 Week High30.67
52 Week Low22.29
CS1 End27.95
CR1 StartN/A
Volume & EV
DER(3)0.48%
DER(5)0.1%
Volume1.61M
Volume Incr1.61%
Vol(5)1.97M
Vol(50)2.17M