Taking everything into account, DOOO scores 8 out of 10 in our technical rating. 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.
Although DOOO has an excellent technical rating, it does not offer a high 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.
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59.75
When analyzing the support we can see 3 important areas.
- A support zone ranging from 62.82 to 65.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 61.72 to 61.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @60.35 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 69.12 to 69.70. This zone is formed by a combination of multiple trend lines 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 | 87.62 | POSITIVE | DOOO has a high relative strength, it outperformed 87.62% 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) | 65.72 | NEUTRAL | The RSI value for DOOO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.7 | POSITIVE | The MACD value suggests DOOO has a positive trend. |
| Stochastics (14,3) | 88.23 | OVERBOUGHT | The high Stochastics value suggests DOOO may be overbought. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for DOOO suggests some volalility. |
| Average Directional Index/ADX (14) | 18.37 | NEGATIVE | The low ADX value for DOOO suggests a weak or negative trend. |
69.11
-0.16 (-0.23%)
BRP INC/CA- SUB VOTING / DOOO FAQ
What is the ChartMill technical rating of BRP INC/CA- SUB VOTING (DOOO) stock?
ChartMill assigns a technical rating of 8 / 10 to DOOO.
What is the current trend direction of BRP INC/CA- SUB VOTING (DOOO) stock?
The current trend direction for BRP INC/CA- SUB VOTING (DOOO) is Bullish.
What is the RSI signal for BRP INC/CA- SUB VOTING (DOOO) stock?
BRP INC/CA- SUB VOTING (DOOO) has an RSI value of 65.7176. This indicates that the stock is currently neutral.
What is the buy/sell signal for DOOO stock?
The buy/sell signal for BRP INC/CA- SUB VOTING (DOOO) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for BRP INC/CA- SUB VOTING?
BRP INC/CA- SUB VOTING (DOOO) has a support level at 65.18 and a resistance level at 69.12. Check the full technical report for our detailed analysis of DOOO support and resistance levels.