BERKSHIRE GREY INC (BGRY) Stock Technical Analysis
NASDAQ:BGRY - Nasdaq - US0846561076 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to BGRY. Although BGRY is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, BGRY is a bad performer in the overall market: 72% of all stocks are doing better.
In the last month BGRY has a been trading in the 1.39 - 1.49 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long and short term trends are both positive. This is looking good!
BGRY is an average performer in the Machinery industry, it outperforms 44% of 129 stocks in the same industry.
BGRY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BGRY is lagging the market.
BGRY has only a medium technical rating, but it does show 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 1.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.40, a Stop Loss order could be placed below this zone.
More info and screens
1.36
1.49
When analyzing the support we notice one important area.
- A support zone ranging from 1.37 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.40 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Strong resistance @1.43 from a horizontal line in the daily time frame.
- Resistance @1.48 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.03
Mansfield-1.14
10 Day High1.41
10 Day Low1.39
20 Day High1.49
20 Day Low1.39
52 Week High2.95
52 Week Low0.51
Performance
1 Week0%
2 Weeks0.72%
1 Month0.72%
3 Month2.19%
6 Month47.35%
12 Month-16.17%
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
RSI(14)50.41
LBB1.39
UBB1.42
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 |
|---|---|---|---|
| 1.41 | 1.38 | 0.03 (2.13%) | 25.00% |
| An entry @1.41. This is a Buy Stop order right above the resistance zone. | An exit @1.38. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 2.13%. | For a 0.53% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
1.4
-0.01 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.71%
1 Week0%
2 Weeks0.72%
1 Month0.72%
3 Month2.19%
6 Month47.35%
12 Month-16.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%1.46%
ATR Inc-10.64%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.03
Mansfield-1.14
10 Day High1.41
10 Day Low1.39
20 Day High1.49
20 Day Low1.39
52 Week High2.95
52 Week Low0.51
CS1 End1.4
CR1 Start1.4
Volume & EV
DER(3)-4.62%
DER(5)-1.34%
Volume759.10K
Volume Incr-9.53%
Vol(5)489.82K
Vol(50)483.48K