Taking everything into account, RILY scores 9 out of 10 in our technical rating. RILY has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although RILY has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.79
When analyzing the support we can see 2 important areas.
- Support @4.03 from a trend line in the weekly time frame.
- Support @3.83 from a trend line in the daily 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 RILY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RILY is up. |
| ChartMill Relative Strength | 89.68 | POSITIVE | RILY has a high relative strength, it outperformed 89.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RILY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RILY is above the rising 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) | 73.24 | OVERBOUGHT | The high RSI value suggests RILY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests RILY has a positive trend. |
| Stochastics (14,3) | 89.56 | OVERBOUGHT | The high Stochastics value suggests RILY may be overbought. |
| Average True Range in percent/ATR (20) | 9.42 | HIGH VOLATILITY | The high ATR as a percentage value for RILY suggests high volalility. |
| Average Directional Index/ADX (14) | 34.95 | POSITIVE | The high ADX value value for RILY suggests a strong trend. |
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+0.1 (+1.45%)
BRC GROUP HOLDINGS INC / RILY FAQ
What is the ChartMill technical rating of BRC GROUP HOLDINGS INC (RILY) stock?
ChartMill assigns a technical rating of 9 / 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 Bearish.
What is the RSI signal for BRC GROUP HOLDINGS INC (RILY) stock?
BRC GROUP HOLDINGS INC (RILY) has an RSI value of 73.2435. This indicates that the stock is currently overbought.
What is the short term momentum for RILY stock?
The short term momentum for BRC GROUP HOLDINGS INC (RILY) is positive.
What is the support and resistance level for RILY stock?
BRC GROUP HOLDINGS INC (RILY) has a support level at 4.03. Check the full technical report for our detailed analysis of RILY support and resistance levels.