BERRY CORP (BRY) Stock Technical Analysis
USA - NASDAQ:BRY - US08579X1019 - Common Stock
3.39 USD
-0.09 (-2.59%)
3.39 USD
0 (0%)
We assign a technical rating of 2 out of 10 to BRY. BRY performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, BRY is a bad performer in the overall market: 82% of all stocks are doing better.
BRY is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 66% of 209 stocks in the same industry do better.
In the last month BRY has a been trading in the 3.32 - 4.00 range, which is quite wide. It is currently trading near the lows of this range.
BRY has an average volume of 1607200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
BRY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRY is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BRY does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 3.37, a Stop Loss order could be placed below this zone.
More info and screens
2.74
4.01
3 important support areas can be observed.
- A support zone ranging from 3.27 to 3.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.14 from a trend line in the daily time frame.
- Support @2.77 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 3.39 to 3.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.48 to 3.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.75 from a trend line in the weekly time frame.
- Resistance @3.90 from a trend line in the weekly time frame.
- Resistance @3.97 from a trend line in the daily 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 | 18.21 | NEGATIVE | BRY has a low relative strength, it was outperformed by 81.79% 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) | UP | MIXED | The current price of BRY is below the rising 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) | 42.8 | 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) | 17.47 | OVERSOLD | The low Stochastics value suggests BRY may be oversold. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for BRY suggests some volalility. |
| Average Directional Index/ADX (14) | 23.79 | 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)
3.39
-0.09 (-2.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.59%
1 Week0.59%
2 Weeks-2.59%
1 Month-15.46%
3 Month13%
6 Month32.42%
12 Month-34.43%
2 Year-59.4%
3 Year-61.78%
5 Year29.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%3.97%
ATR Inc1.78%
Range Today0.12
ADR(20)0.13
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.21
3 months CRS80.2
6 months CRS78.77
Mansfield-1.37
10 Day High3.57
10 Day Low3.32
20 Day High4
20 Day Low3.32
52 Week High5.9
52 Week Low2.11
CS1 End3.37
CR1 Start3.39
Volume & EV
DER(3)-3.85%
DER(5)-2.05%
Volume432.50K
Volume Incr-57.61%
Vol(5)557.90K
Vol(50)1.61M
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 42.8042. 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 3.37 and a resistance level at 3.39. Check the full technical report for our detailed analysis of BRY support and resistance levels.