BERRY CORP (BRY) Stock Technical Analysis
NASDAQ:BRY - Nasdaq - US08579X1019 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to BRY. Recently some decent action could be observed, but in the medium term time frame this is still negative. BRY was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BRY is a bad performer in the overall market: 89% of all stocks are doing better.
BRY is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 80% are performing better than BRY.
BRY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BRY has an average volume of 1121300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BRY has a been trading in the 2.43 - 3.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of BRY is bad and it also does not present a quality setup 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
2.37
3.34
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.72 to 2.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.52 from a trend line in the daily time frame.
- Support @2.46 from a trend line in the weekly time frame.
- Support @2.39 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @3.19 from a trend line in the daily time frame.
- A resistance zone ranging from 3.28 to 3.31. 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 | DOWN | NEGATIVE | The long term trend for BRY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRY is neutral. |
| ChartMill Relative Strength | 11.59 | NEGATIVE | BRY has a low relative strength, it was outperformed by 88.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.11 | NEUTRAL | The RSI value for BRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BRY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.84 | NEUTRAL | The Stochastics value for BRY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for BRY suggests high volalility. |
| Average Directional Index/ADX (14) | 21.67 | NEUTRAL | The ADX value for BRY suggests a possible start of a new 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)
2.91
+0.14 (+5.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg5.05%
1 Week0.69%
2 Weeks-5.21%
1 Month20.75%
3 Month22.78%
6 Month-32.64%
12 Month-54.67%
2 Year-62.69%
3 Year-65.93%
5 Year-38.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%6.05%
ATR Inc-0.83%
Range Today0.24
ADR(20)0.17
ADR(20)%5.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.59
Mansfield-3.69
10 Day High3.39
10 Day Low2.7
20 Day High3.39
20 Day Low2.43
52 Week High7.02
52 Week Low2.11
CS1 End2.83
CR1 Start2.85
Volume & EV
DER(3)0.9%
DER(5)0.56%
Volume899.44K
Volume Incr-14.56%
Vol(5)1.12M
Vol(50)1.12M