BROADRIDGE FINANCIAL SOLUTIO (BR)

US11133T1034 - Common Stock

227.47  +2.08 (+0.92%)

After market: 227.47 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to BR. Although BR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
BR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
BR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, BR turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
BR is an average performer in the IT Services industry, it outperforms 63% of 84 stocks in the same industry.
Weekly and Daily overview Charts
BR Weekly chart
BR Daily chart
Setup Rating and Analysis

6

BR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

191.44

231.31

We found 6 important support areas.

  • A support zone ranging from 217.11 to 220.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 212.86 to 213.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 205.56 to 208.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @201.89 from a horizontal line in the daily time frame.
  • Support @197.92 from a horizontal line in the weekly time frame.
  • Support @193.37 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 227.79 to 229.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.48
Mansfield-0.15
10 Day High230
10 Day Low221.57
20 Day High230
20 Day Low208.2
52 Week High230
52 Week Low185.42
Performance
1 Week-0.04%
2 Weeks2.84%
1 Month4.94%
3 Month8.82%
6 Month13.43%
12 Month21.91%
2 Year52.55%
3 Year34.94%
5 Year83.87%
10 Year402.25%
15 Year934.9%
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)0.43
RSI(14)65.18
LBB213.89
UBB234.11
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
229.03221.567.47 (3.26%)25.00%
An entry @229.03. This is a Buy Stop order right above the resistance zone.An exit @221.56. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 7.47 points, which is 3.26%.For a 0.82% 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.
BR Daily chart

BROADRIDGE FINANCIAL SOLUTIO

NYSE:BR (11/21/2024, 8:15:53 PM)

After market: 227.47 0 (0%)

227.47

+2.08 (+0.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.92%
1 Week-0.04%
2 Weeks2.84%
1 Month4.94%
3 Month8.82%
6 Month13.43%
12 Month21.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.26
ATR(20)%1.74%
ATR Inc
Range Today3.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High230
10 Day Low221.57
20 Day High230
20 Day Low208.2
52 Week High230
52 Week Low185.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume974.90K
Volume Incr19.8%
Vol(5)563.05K
Vol(50)495.60K