BERRY CORP (BRY)
US08579X1019 - Common Stock
We assign a technical rating of 9 out of 10 to BRY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BRY is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
BRY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BRY is performing more or less in line with the market.
BRY 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
BRY has an average volume of 1073390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BRY did better than 82% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
BRY is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, BRY did better than 61% of them.
Besides having an excellent technical rating, BRY 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 a support zone below the current price at 8.28, a Stop Loss order could be placed below this zone.
More info and screens
6.44
8.88
We found 3 important support areas.
- A support zone ranging from 8.28 to 8.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.70 to 7.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.50 to 8.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.42
Mansfield0.16
10 Day High8.86
10 Day Low8.12
20 Day High8.86
20 Day Low7.68
52 Week High8.94
52 Week Low6.22
Performance
1 Week-4.27%
2 Weeks-4.05%
1 Month6.01%
3 Month25.61%
6 Month-2.01%
12 Month7.52%
2 Year-24.43%
3 Year35.68%
5 Year-27.02%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)57.28
LBB8.07
UBB8.84
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 |
|---|---|---|---|
| 8.51 | 8.27 | 0.24 (2.81%) | 25.00% |
| An entry @8.51. This is a Buy Stop order right above the 10 day moving average. | An exit @8.27. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.24 points, which is 2.81%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BRY. Please evaluate whether better entry and exit points can be found.
- 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.
BERRY CORP
NASDAQ:BRY (4/18/2024, 7:00:02 PM)
After market: 8.29 0 (0%)8.29
-0.03 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.36%
1 Week-4.27%
2 Weeks-4.05%
1 Month6.01%
3 Month25.61%
6 Month-2.01%
12 Month7.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.22
ATR(20)%2.61%
ATR Inc
Range Today0.16
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.86
10 Day Low8.12
20 Day High8.86
20 Day Low7.68
52 Week High8.94
52 Week Low6.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume489.20K
Volume Incr-45.77%
Vol(5)540.80K
Vol(50)1.07M