BRP INC/CA- SUB VOTING (DOOO) Stock Technical Analysis
USA - NASDAQ:DOOO - CA05577W2004 - Common Stock
65.05 USD
+0.44 (+0.68%)
65.05 USD
0 (0%)
We assign a technical rating of 9 out of 10 to DOOO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DOOO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
DOOO is one of the better performing stocks in the Leisure Products industry, it outperforms 81% of 33 stocks in the same industry.
DOOO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
DOOO 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.
When comparing the yearly performance of all stocks, we notice that DOOO is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, DOOO 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. We notice that large players showed an interest for DOOO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
57.30
66.16
3 important support areas can be observed.
- A support zone ranging from 64.27 to 64.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 61.91 to 62.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @57.88 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 65.16 to 65.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for DOOO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DOOO is up. |
| ChartMill Relative Strength | 80.79 | POSITIVE | DOOO has a high relative strength, it outperformed 80.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DOOO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DOOO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DOOO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.57 | NEUTRAL | The RSI value for DOOO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests DOOO has a negative trend. |
| Stochastics (14,3) | 76.21 | NEUTRAL | The Stochastics value for DOOO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for DOOO suggests some volalility. |
| Average Directional Index/ADX (14) | 45.17 | POSITIVE | The high ADX value value for DOOO suggests a strong 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)
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 |
|---|---|---|---|
| 65.51 | 64.26 | 1.25 (1.91%) | 25.00% |
| An entry @65.51. This is a Buy Stop order right above the resistance zone. | An exit @64.26. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.25 points, which is 1.91%. | For a 0.48% 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 DOOO. 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.
65.05
+0.44 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg0.68%
1 Week-0.34%
2 Weeks-2.49%
1 Month12.04%
3 Month38.52%
6 Month77.49%
12 Month5.74%
2 Year-14.25%
3 Year5.67%
5 Year23.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.17
ATR(20)%3.17%
ATR Inc-46.74%
Range Today1.15
ADR(20)1.8
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.79
Mansfield2.26
10 Day High67.11
10 Day Low63.61
20 Day High67.33
20 Day Low54.95
52 Week High67.33
52 Week Low31.78
CS1 End64.3
CR1 Start65.16
Volume & EV
DER(3)4.58%
DER(5)3.38%
Volume356.70K
Volume Incr-28.75%
Vol(5)265.42K
Vol(50)278.57K