BROOKFIELD REINSURANCE LTD (BNRE) Stock Technical Analysis
NYSE:BNRE - New York Stock Exchange, Inc. - BMG162501057 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to BNRE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BNRE is showing a nice and steady performance.
Warning: BNRE has an average volume of 4304 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BNRE is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by BNRE over the past year are nicely spread over this period.
BNRE is part of the Insurance industry. There are 144 other stocks in this industry. BNRE outperforms 88% of them.
BNRE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BNRE is lagging the market slightly.
In the last month BNRE has a been trading in the 43.19 - 50.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although BNRE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
28.90
47.59
We found 6 important support areas.
- Support @45.01 from a trend line in the daily time frame.
- Support @44.26 from a trend line in the weekly time frame.
- A support zone ranging from 42.64 to 43.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 40.17 to 40.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.07 from a horizontal line in the daily time frame.
- Support @29.19 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
CRS85.98
Mansfield0.38
10 Day High50.5
10 Day Low47.03
20 Day High50.5
20 Day Low43.19
52 Week High50.5
52 Week Low29
Performance
1 Week-4.69%
2 Weeks0.04%
1 Month8.82%
3 Month13.71%
6 Month13.02%
12 Month36.94%
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)-0.11
RSI(14)49.57
LBB45.54
UBB50.79
NYSE:BNRE (9/5/2024, 8:12:56 PM)
47.12
-0.38 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.8%
1 Week-4.69%
2 Weeks0.04%
1 Month8.82%
3 Month13.71%
6 Month13.02%
12 Month36.94%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%2.06%
ATR Inc27.39%
Range Today1.06
ADR(20)0.81
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.98
Mansfield0.38
10 Day High50.5
10 Day Low47.03
20 Day High50.5
20 Day Low43.19
52 Week High50.5
52 Week Low29
CS1 End45.01
CR1 StartN/A
Volume & EV
DER(3)-0.03%
DER(5)0.54%
Volume6.80K
Volume Incr53.69%
Vol(5)7.40K
Vol(50)4.30K