Overall BRY gets a technical rating of 2 out of 10. BRY performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
BRY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.42, a Stop Loss order could be placed below this zone.
More info and screens
3.24
We found 2 important support areas.
- A support zone ranging from 3.38 to 3.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.27 to 3.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.47 to 3.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.71 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for BRY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRY is neutral. |
| ChartMill Relative Strength | 28.09 | NEGATIVE | BRY has a low relative strength, it was outperformed by 71.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BRY is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BRY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BRY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.9 | NEUTRAL | The RSI value for BRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BRY has a positive trend. |
| Stochastics (14,3) | 65.43 | NEUTRAL | The Stochastics value for BRY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for BRY suggests some volalility. |
| Average Directional Index/ADX (14) | 19.28 | NEGATIVE | The low ADX value for BRY suggests a weak or negative trend. |
3.46
+0.08 (+2.37%)
BERRY CORP / BRY FAQ
Can you provide the ChartMill technical rating for BERRY CORP?
ChartMill assigns a technical rating of 2 / 10 to BRY.
What is the current trend direction of BERRY CORP (BRY) stock?
The current trend direction for BERRY CORP (BRY) is Bearish.
What is the RSI signal for BRY stock?
BERRY CORP (BRY) has an RSI value of 56.8954. This indicates that the stock is currently neutral.
What is the support and resistance level for BRY stock?
BERRY CORP (BRY) has a support level at 3.42 and a resistance level at 3.47. Check the full technical report for our detailed analysis of BRY support and resistance levels.