BURTECH ACQUISITION -CW23 (BRKHW)
Overall BRKHW gets a technical rating of 10 out of 10. BRKHW has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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 BRKHW is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by BRKHW over the past year are nicely spread over this period.
BRKHW 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 BRKHW is lagging the market slightly.
In the last month BRKHW has a been trading in the 0.11 - 0.32 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, BRKHW also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
0.26
0.28
When analyzing the resistance we notice one important area.
- Resistance @0.28 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
CRS98.77
Mansfield1.8
10 Day High0.32
10 Day Low0.22
20 Day High0.32
20 Day Low0.11
52 Week High0.32
52 Week Low0.05
Performance
1 Week5.83%
2 Weeks6%
1 Month112%
3 Month26.25%
6 Month6%
12 Month341.67%
2 Year4316.67%
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)61.69
LBB0.21
UBB0.29
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 |
|---|---|---|---|
| 0.29 | 0.21 | 0.08 (26.34%) | 3.80% |
| An entry @0.29. This is a Buy Stop order right above the resistance zone. | An exit @0.21. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 26.34%. | For a 1.00% total portfolio risk, you can invest 3.80% 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.
BURTECH ACQUISITION -CW23
NASDAQ:BRKHW (12/17/2024, 8:44:49 PM)
After market: 0.24 -0.03 (-9.43%)0.265
-0.02 (-5.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.36%
1 Week5.83%
2 Weeks6%
1 Month112%
3 Month26.25%
6 Month6%
12 Month341.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%13.41%
ATR Inc
Range Today0.03
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 High0.32
10 Day Low0.22
20 Day High0.32
20 Day Low0.11
52 Week High0.32
52 Week Low0.05
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume271.20K
Volume Incr-18.23%
Vol(5)198.00K
Vol(50)130.36K