BRIGHTSPIRE CAPITAL INC (BRSP) Stock Technical Analysis
NYSE:BRSP - New York Stock Exchange, Inc. - US10949T1097 - REIT - Currency: USD
Taking everything into account, BRSP scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BRSP is a bad performer.
67% of all other stocks performed better in the past year than BRSP.
BRSP is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 77% of 64 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
BRSP 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.
BRSP 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.
Besides having an excellent technical rating, BRSP 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. There is a support zone below the current price at 5.83, a Stop Loss order could be placed below this zone.
More info and screens
5.17
6.50
We found 4 important support areas.
- A support zone ranging from 5.64 to 5.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.44 to 5.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.33 from a horizontal line in the weekly time frame.
- A support zone ranging from 5.22 to 5.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.14 to 6.22. 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 6.34 to 6.44. 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
CRS33.03
Mansfield-0.16
10 Day High6.32
10 Day Low5.97
20 Day High6.32
20 Day Low5.56
52 Week High7.04
52 Week Low5.07
Performance
1 Week-2.41%
2 Weeks0.5%
1 Month5.56%
3 Month-3.8%
6 Month7.42%
12 Month-9.93%
2 Year3.05%
3 Year-34.27%
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)-0.01
RSI(14)56.46
LBB5.96
UBB6.26
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 |
|---|---|---|---|
| 6.23 | 5.96 | 0.27 (4.33%) | 23.07% |
| An entry @6.23. This is a Buy Stop order right above the resistance zone. | An exit @5.96. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.27 points, which is 4.33%. | When investing 23.07% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
6.08
+0.06 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg1%
1 Week-2.41%
2 Weeks0.5%
1 Month5.56%
3 Month-3.8%
6 Month7.42%
12 Month-9.93%
2 Year3.05%
3 Year-34.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%2.27%
ATR Inc-30.47%
Range Today0.1
ADR(20)0.14
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.03
Mansfield-0.16
10 Day High6.32
10 Day Low5.97
20 Day High6.32
20 Day Low5.56
52 Week High7.04
52 Week Low5.07
CS1 End5.83
CR1 Start6.14
Volume & EV
DER(3)-0.59%
DER(5)0.89%
Volume528.60K
Volume Incr-24.29%
Vol(5)735.60K
Vol(50)745.85K