BRIXMOR PROPERTY GROUP INC (BRX) Stock Technical Analysis
NYSE:BRX • US11120U1051
We assign a technical rating of 8 out of 10 to BRX. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- BRX is part of the Diversified REITs industry. There are 122 other stocks in this industry. BRX outperforms 71% of them.
- A new 52 week high is currently being made by BRX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month BRX has a been trading in the 25.89 - 29.97 range, which is quite wide. It is currently trading near the high of this range.
- BRX has an average volume of 3007520 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 66% of all stocks.
Although BRX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
24.39
When analyzing the support we can see 3 important areas.
- A support zone ranging from 26.58 to 26.83. 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 25.27 to 25.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.64 to 24.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.80 to 29.80. 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 | 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 | 66.88 | 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) | 73.77 | OVERBOUGHT | The high RSI value suggests BRX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests BRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.6 | OVERBOUGHT | The high Stochastics value suggests BRX may be overbought. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for BRX suggests low volalility. |
| Average Directional Index/ADX (14) | 40.4 | POSITIVE | The high ADX value value for BRX suggests a strong trend. |
29.79
+0.13 (+0.44%)
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 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 73.7736. 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 0.140602, 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.