BRO Technical Signal Analysis
BRO have 4 buy signals and 0 sell signal now. The current trend is consolidation starting from 2025-03-04. The total price change during this trend is -1.10%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of BRO over last 5 trading day is $263,321,794.12
4 Bullish Signal
0 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
6.31
Bullish
Momentum (10 days)
MOM_10 > 0
1.36
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
2.75
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
2.79
Bullish
Name
Signal
Value
Meaning
4 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
6.31
Bullish
Momentum (10 days)
MOM_10 > 0
1.36
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
2.75
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
2.79
Bullish
BRO Support and Resistance Level
The support levels for BRO are at 116.3, 114.94, and 112.75, while the resistance levels are at 120.69, 122.04, and 124.24. With the current stock price at 117.86, it is leaning more toward the support levels.
BRO Technical Analysis
Technical Analysis of BRO Stock
Current Price and Recent Performance:
- Current Price: $117.28 (as of 2025-03-07)
- Recent Close: $118.65 during regular market hours
Key Technical Indicators:
- RSI (14): 74.17 (Overbought territory)
- MACD: 3.32 (Bullish momentum, but weakening)
- Bollinger Bands: Near upper band, indicating overbought conditions
- Fibonacci Levels: Resistance at $119.95, Support at $113.05
Price Action:
- The stock is currently testing the Fibonacci resistance level, which may act as a ceiling.
- Recent price action shows a slight decline from highs, indicating potential profit-taking.
Conclusion:
Based on the overbought RSI, weakening MACD momentum, and proximity to resistance, BRO stock is likely to face selling pressure.
Recommendation: Sell BRO stock at the current price of $117.28.
BRO FAQs
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BRO Buy or Sell
BRO has 4 buy signals and 0 sell signals now. Overall the technical rating for BRO is Strong buy.
Strong buy
Sell
0
Buy
4
BRO Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 117.86 below the SMA_5. In the short term, the stock shows a positive trend with the 118.28 above the SMA_20. In the mid term, the stock shows a positive trend with the 115.73 above the SMA_60. In the long term, the stock shows a positive trend with the 108.16 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about BRO's current trend?What are BRO's key support and resistance levels?