Taking everything into account, BRY scores 0 out of 10 in our technical rating. BRY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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
3.15
We found 2 important support areas.
- Support @3.25 from a horizontal line in the weekly time frame.
- Support @3.18 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.30 to 3.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.68 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 | DOWN | NEGATIVE | The short term trend for BRY is down. |
| ChartMill Relative Strength | 18.69 | NEGATIVE | BRY has a low relative strength, it was outperformed by 81.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRY is below 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) | 41.99 | NEUTRAL | The RSI value for BRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BRY has a negative trend. |
| Stochastics (14,3) | 19.87 | OVERSOLD | The low Stochastics value suggests BRY may be oversold. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for BRY suggests some volalility. |
| Average Directional Index/ADX (14) | 16.96 | NEGATIVE | The low ADX value for BRY suggests a weak or negative trend. |
3.26
+0.07 (+2.19%)
BERRY CORP / BRY FAQ
Can you provide the ChartMill technical rating for BERRY CORP?
ChartMill assigns a technical rating of 0 / 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 41.9948. 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 3.25 and a resistance level at 3.3. Check the full technical report for our detailed analysis of BRY support and resistance levels.