Brady Technical Analysis (NYSE:BRC)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The BRC stock chart pattern can give those who understand technical analysis an indication of which way BRC stock is headed, but cannot predict with 100% certainty as to what can happen to the Brady stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Brady. Technical analysis uses an approach for Brady stock analysis that does not care for the fair value of a company but uses price and volume data only.
Brady Moving Average
Moving averages show the average price of BRC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $37.49 is below the price of $39.4.
Brady Bollinger Bands
Bollinger bands comprise of a center line usually BRC SMA, and two BRC stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of Brady bollinger bands.
Brady Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Brady MACD line is above the signal line.
Brady Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 86.25 is the RSI value of BRC stock.