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BRILLIANT ACQUISITION CORP (BRLI) Stock Technical Analysis

NASDAQ:BRLI - Nasdaq - VGG1643W1115 - Common Stock - Currency: USD

4.7  -3.69 (-43.95%)

After market: 6.2 +1.5 (+31.91%)

Technical Rating and Analysis

0

Taking everything into account, BRLI scores 0 out of 10 in our technical rating. BRLI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, BRLI is a bad performer in the overall market: 96% of all stocks are doing better.
BRLI is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month BRLI has a been trading in the 3.59 - 13.83 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Weekly and Daily overview Charts
BRILLIANT ACQUISITION CORP / BRLI Weekly stock chart
BRILLIANT ACQUISITION CORP / BRLI Daily stock chart
Setup Rating and Analysis

2

The technical rating of BRLI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

4.65

11.74

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 10.68 to 10.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 11.24 to 11.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Strong resistance @11.62 from a horizontal line in the daily time frame.
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
CRS4.16
Mansfield-6.19
10 Day High12.35
10 Day Low3.59
20 Day High13.83
20 Day Low3.59
52 Week High15.38
52 Week Low3.59
Performance
1 Week-51.04%
2 Weeks-61.33%
1 Month-59.31%
3 Month-59.4%
6 Month-58.59%
12 Month-55.79%
2 Year-53.92%
3 Year-53.05%
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)-0.31
RSI(14)36.22
LBB5.05
UBB13.19
BRILLIANT ACQUISITION CORP / BRLI Daily stock chart

BRILLIANT ACQUISITION CORP

NASDAQ:BRLI (12/22/2023, 8:18:25 PM)

After market: 6.2 +1.5 (+31.91%)

4.7

-3.69 (-43.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-43.95%
1 Week-51.04%
2 Weeks-61.33%
1 Month-59.31%
3 Month-59.4%
6 Month-58.59%
12 Month-55.79%
2 Year-53.92%
3 Year-53.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.84
ATR(20)%59.76%
ATR Inc33.7%
Range Today5.56
ADR(20)2.42
ADR(20)%51.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.16
Mansfield-6.19
10 Day High12.35
10 Day Low3.59
20 Day High13.83
20 Day Low3.59
52 Week High15.38
52 Week Low3.59
CS1 EndN/A
CR1 Start10.68
Volume & EV
DER(3)-5.55%
DER(5)-4.18%
Volume370.90K
Volume Incr184.1%
Vol(5)150.94K
Vol(50)38.97K