BRC GROUP HOLDINGS INC (RILY) Technical Analysis
NASDAQ:RILY • US05580M1080
Current stock price
RILY Technical Rating and Analysis
Overall RILY gets a technical rating of 6 out of 10. 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- RILY is one of the better performing stocks in the Capital Markets industry, it outperforms 97% of 240 stocks in the same industry.
- RILY has an average volume of 1224740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that RILY is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- RILY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RILY is lagging the market slightly.
- In the last month RILY has a been trading in the 6.01 - 7.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
RILY Weekly and Daily overview Charts
RILY Setup Rating and Analysis
RILY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.44, a Stop Loss order could be placed below this zone.
More info and screens
RILY Support and Resistance Analysis
4.13
We found 3 important support areas.
- A support zone ranging from 6.44 to 6.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.44 from a trend line in the weekly time frame.
- Support @4.17 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.05 to 7.14. 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 7.63 to 7.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
RILY Technical Indicator Signal Analysis
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 RILY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RILY is neutral. |
| ChartMill Relative Strength | 93.69 | POSITIVE | RILY has a high relative strength, it outperformed 93.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RILY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RILY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RILY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.1 | NEUTRAL | The RSI value for RILY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RILY has a negative trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for RILY is a neutral value. |
| Average True Range in percent/ATR (20) | 9.06 | HIGH VOLATILITY | The high ATR as a percentage value for RILY suggests high volalility. |
| Average Directional Index/ADX (14) | 9.01 | NEGATIVE | The low ADX value for RILY suggests a weak or negative trend. |
RILY Chart- and CandleStick Pattern Analysis
RILY Example Setup
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 |
|---|---|---|---|
| 7.15 | 6.63 | 0.52 (7.27%) | 13.75% |
| An entry @7.15. This is a Buy Stop order right above the resistance zone. | An exit @6.63. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.52 points, which is 7.27%. | For a 1.00% total portfolio risk, you can invest 13.75% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RILY. 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.
RILY Technicals: Chart, Performance Metrics, Trend & Indicators
6.79
-0.36 (-5.03%)
BRC GROUP HOLDINGS INC / RILY TA FAQ
What is the ChartMill technical rating of BRC GROUP HOLDINGS INC (RILY) stock?
ChartMill assigns a technical rating of 6 / 10 to RILY.
What is the current trend direction of BRC GROUP HOLDINGS INC (RILY) stock?
The current trend direction for BRC GROUP HOLDINGS INC (RILY) is Bullish.
What is the RSI signal for BRC GROUP HOLDINGS INC (RILY) stock?
BRC GROUP HOLDINGS INC (RILY) has an RSI value of 45.104. This indicates that the stock is currently neutral.
What is the short term momentum for RILY stock?
The short term momentum for BRC GROUP HOLDINGS INC (RILY) is neutral.
What is the support and resistance level for RILY stock?
BRC GROUP HOLDINGS INC (RILY) has a support level at 6.44 and a resistance level at 7.05. Check the full technical report for our detailed analysis of RILY support and resistance levels.