BRIGHAM MINERALS INC-CL A (MNRL)

US10918L1035 - Common Stock

32.5  -0.52 (-1.57%)

After market: 32.5 0 (0%)

Technical Rating and Analysis

9

Taking everything into account, MNRL scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month MNRL has a been trading in the 31.22 - 37.79 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, MNRL did better than 97% of all other stocks. We also observe that the gains produced by MNRL over the past year are nicely spread over this period.
MNRL is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 99% of 213 stocks in the same industry.
MNRL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MNRL is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
MNRL Weekly chart
MNRL Daily chart
Setup Rating and Analysis

5

MNRL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 33.07. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

23.44

37.41

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 32.25 to 32.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 31.73 to 31.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @26.01 from a trend line in the weekly time frame.
  • A support zone ranging from 25.23 to 25.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @23.68 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 33.07 to 33.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 37.04 to 37.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.27
Mansfield2.67
10 Day High34.35
10 Day Low31.22
20 Day High37.79
20 Day Low31.22
52 Week High37.79
52 Week Low20.53
Performance
1 Week-1.34%
2 Weeks-3.7%
1 Month-6.72%
3 Month31.74%
6 Month27.9%
12 Month54.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.18
RSI(14)45.73
LBB31.77
UBB34.35
MNRL Daily chart

BRIGHAM MINERALS INC-CL A

NYSE:MNRL (12/28/2022, 7:04:00 PM)

After market: 32.5 0 (0%)

32.5

-0.52 (-1.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.57%
1 Week-1.34%
2 Weeks-3.7%
1 Month-6.72%
3 Month31.74%
6 Month27.9%
12 Month54.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.41
ATR(20)%4.76%
ATR Inc
Range Today1.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High34.35
10 Day Low31.22
20 Day High37.79
20 Day Low31.22
52 Week High37.79
52 Week Low20.53
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.02M
Volume Incr128.38%
Vol(5)1.00M
Vol(50)502.88K