BRIGHTVIEW HOLDINGS INC (BV) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:BV • US10948C1071
Overall BV gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BV was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, BV is a bad performer in the overall market: 71% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- BV is part of the Commercial Services & Supplies industry. There are 80 other stocks in this industry, BV did better than 50% of them.
- BV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BV is lagging the market.
- In the last month BV has a been trading in the 12.51 - 13.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, BV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 13.35, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BV in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.61
We found 3 important support areas.
- A support zone ranging from 12.71 to 13.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.44 from a horizontal line in the daily time frame.
- A support zone ranging from 11.73 to 11.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 13.37 to 13.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.90 from a horizontal line in the daily time frame.
- Resistance @14.35 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 BV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BV is up. |
| ChartMill Relative Strength | 29.05 | NEGATIVE | BV has a low relative strength, it was outperformed by 70.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.06 | NEUTRAL | The RSI value for BV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.11 | NEUTRAL | The Stochastics value for BV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for BV suggests some volalility. |
| Average Directional Index/ADX (14) | 19.51 | NEGATIVE | The low ADX value for BV suggests a weak or negative trend. |
13.36
+0.09 (+0.68%)
BRIGHTVIEW HOLDINGS INC / BV FAQ
What is the technical rating for BV stock?
ChartMill assigns a technical rating of 5 / 10 to BV.
Can you provide the trend direction for BRIGHTVIEW HOLDINGS INC?
The current trend direction for BRIGHTVIEW HOLDINGS INC (BV) is Bearish.
Can you provide the RSI signal for BRIGHTVIEW HOLDINGS INC?
BRIGHTVIEW HOLDINGS INC (BV) has an RSI value of 58.0588. This indicates that the stock is currently neutral.
What is the support and resistance level for BV stock?
BRIGHTVIEW HOLDINGS INC (BV) has a support level at 13.35 and a resistance level at 13.37. Check the full technical report for our detailed analysis of BV support and resistance levels.