BROWN & BROWN INC (BRO) Stock Technical Analysis
NYSE:BRO - New York Stock Exchange, Inc. - US1152361010 - Common Stock - Currency: USD
Overall BRO gets a technical rating of 8 out of 10. In the last year, BRO was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month BRO has a been trading in the 109.42 - 125.67 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that BRO is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by BRO over the past year are nicely spread over this period.
BRO is part of the Insurance industry. There are 143 other stocks in this industry. BRO outperforms 84% of them.
BRO is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so BRO slightly outperforms the market at the moment.
BRO has an average volume of 1882570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, BRO also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 112.43, a Stop Loss order could be placed below this zone. 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
99.53
125.67
When analyzing the support we can see 4 important areas.
- A support zone ranging from 110.93 to 112.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @105.95 from a trend line in the daily time frame.
- Support @103.35 from a horizontal line in the daily time frame.
- A support zone ranging from 100.54 to 101.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 114.60 to 114.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 116.87 to 118.54. 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 122.93 to 124.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.57
Mansfield1.3
10 Day High121.7
10 Day Low111.02
20 Day High125.68
20 Day Low109.42
52 Week High125.68
52 Week Low80.91
Performance
1 Week-2.37%
2 Weeks-2.4%
1 Month-6.88%
3 Month7.96%
6 Month10.06%
12 Month40.49%
2 Year77.73%
3 Year84.64%
5 Year218.69%
10 Year616.37%
15 Year1036.44%
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)-0.44
RSI(14)42.79
LBB111.77
UBB121.9
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 |
|---|---|---|---|
| 114.95 | 111.01 | 3.94 (3.43%) | 25.00% |
| An entry @114.95. This is a Buy Stop order right above the resistance zone. | An exit @111.01. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.94 points, which is 3.43%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BRO. Please evaluate whether better entry and exit points can be found.
- 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.
114.44
-3.32 (-2.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-2.82%
1 Week-2.37%
2 Weeks-2.4%
1 Month-6.88%
3 Month7.96%
6 Month10.06%
12 Month40.49%
2 Year77.73%
3 Year84.64%
5 Year218.69%
10 Year616.37%
15 Year1036.44%
Volatility
ATR(14)4.02
ATR(20)%3.35%
ATR Inc4.08%
Range Today5.39
ADR(20)3.66
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.57
Mansfield1.3
10 Day High121.7
10 Day Low111.02
20 Day High125.68
20 Day Low109.42
52 Week High125.68
52 Week Low80.91
CS1 End112.43
CR1 Start114.6
Volume & EV
DER(3)0.67%
DER(5)1.57%
Volume3.09M
Volume Incr-3.8%
Vol(5)1.88M
Vol(50)1.88M