WT BLOOMBERG BRENT CRUDE OIL (BRND.MI) Stock Technical Analysis
BIT:BRND - Euronext Milan - IE00BVFZGD11 - ETF - Currency: EUR
Overall BRND gets a technical rating of 4 out of 10. Although BRND is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month BRND has a been trading in the 31.07 - 42.83 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.
Warning: BRND has an average volume of 1244 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, BRND did better than 97% of all other stocks. We also observe that the gains produced by BRND over the past year are nicely spread over this period.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
BRND is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
BRND has an average technical rating and it also does not offer a high 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.
More info and screens
31.01
42.48
When analyzing the support we notice one important area.
- A support zone ranging from 31.32 to 31.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @41.05 from a horizontal line in the weekly time frame.
- Resistance @42.06 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.51
Mansfield-0.06
10 Day High39.85
10 Day Low31.07
20 Day High42.83
20 Day Low31.07
52 Week High42.83
52 Week Low10.88
Performance
1 Week-10.47%
2 Weeks-17.65%
1 Month-10.27%
3 Month-10.26%
6 Month-10.84%
12 Month156.71%
2 Year-7.76%
3 Year44.1%
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)-0.9
RSI(14)36.02
LBB30.13
UBB43.16
BIT:BRND (4/16/2025, 7:00:00 PM)
32.335
+1.01 (+3.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.21%
1 Week-10.47%
2 Weeks-17.65%
1 Month-10.27%
3 Month-10.26%
6 Month-10.84%
12 Month156.71%
2 Year-7.76%
3 Year44.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.26
ATR(20)%3.91%
ATR Inc-49.16%
Range Today0.7
ADR(20)0.48
ADR(20)%1.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.51
Mansfield-0.06
10 Day High39.85
10 Day Low31.07
20 Day High42.83
20 Day Low31.07
52 Week High42.83
52 Week Low10.88
CS1 End31.32
CR1 Start41.05
Volume & EV
DER(3)0%
DER(5)0%
Volume3.26K
Volume Incr230.69%
Vol(5)3.00K
Vol(50)1.24K