BROOKLINE BANCORP INC. - Daily - Technical analysis published on 12/31/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 16.11 USD
My targets
16.83 USD (+1.81%)
17.70 USD (+7.08%)
My analysis
BROOKLINE BANCORP INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 16.11 USD. The next resistance located at 16.83 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 17.70 USD. After this resistance, buyers could then target 19.25 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BROOKLINE BANCORP INC. price is 16.53 USD. On the day, this instrument gained +0.12% and was between 16.48 USD and 16.57 USD. This implies that the price is at +0.30% from its lowest and at -0.24% from its highest.16.48
16.57
16.53
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BROOKLINE BANCORP INC.:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BROOKLINE BANCORP INC. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : Daily
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish harami
Type : Bullish
Timeframe : Daily
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.35 | 15.03 | 16.11 | 16.53 | 16.59 | 16.83 | 17.70 |
| Change (%) | -13.19% | -9.07% | -2.54% | - | +0.36% | +1.81% | +7.08% |
| Change | -2.18 | -1.50 | -0.42 | - | +0.06 | +0.30 | +1.17 |
| Level | Intermediate | Minor | Intermediate | - | Major | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.21 | 16.31 | 16.41 | 16.51 | 16.61 | 16.71 | 16.81 |
| Camarilla | 16.46 | 16.47 | 16.49 | 16.51 | 16.53 | 16.55 | 16.57 |
| Woodie | 16.21 | 16.31 | 16.41 | 16.51 | 16.61 | 16.71 | 16.81 |
| Fibonacci | 16.31 | 16.39 | 16.43 | 16.51 | 16.59 | 16.63 | 16.71 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.97 | 16.20 | 16.33 | 16.56 | 16.69 | 16.92 | 17.05 |
| Camarilla | 16.36 | 16.39 | 16.43 | 16.46 | 16.49 | 16.53 | 16.56 |
| Woodie | 15.92 | 16.18 | 16.28 | 16.54 | 16.64 | 16.90 | 17.00 |
| Fibonacci | 16.20 | 16.34 | 16.42 | 16.56 | 16.70 | 16.78 | 16.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.15 | 15.38 | 15.72 | 15.95 | 16.28 | 16.51 | 16.85 |
| Camarilla | 15.90 | 15.95 | 16.00 | 16.05 | 16.10 | 16.15 | 16.21 |
| Woodie | 15.20 | 15.41 | 15.77 | 15.97 | 16.33 | 16.54 | 16.90 |
| Fibonacci | 15.38 | 15.60 | 15.73 | 15.95 | 16.16 | 16.29 | 16.51 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.91 | |
| MACD (12,26,9): | 0.1800 | |
| Directional Movement: | 10.50 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 16.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.95 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 16.03 | |
| Zig ZAG (10): | 16.51 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 53.37 | |
| TEMA (21): | 16.65 | |
| Williams %R (14): | -43.96 | |
| Chande Momentum Oscillator (20): | 0.19 | |
| Repulse (5,40,3): | 0.2200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 6.47 |
| MA7: | 16.57 | |
| MA20: | 16.37 | |
| MA50: | 16.08 | |
| MA100: | 15.23 | |
| MAexp7: | 16.54 | |
| MAexp20: | 16.40 | |
| MAexp50: | 16.01 | |
| MAexp100: | 15.58 | |
| Price / MA7: | -0.24% | |
| Price / MA20: | +0.98% | |
| Price / MA50: | +2.80% | |
| Price / MA100: | +8.54% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | +0.79% | |
| Price / MAexp50: | +3.25% | |
| Price / MAexp100: | +6.10% |
News
The last news published on BROOKLINE BANCORP INC. at the time of the generation of this analysis was as follows:
- Brookline Bancorp, Inc. Announces Approval of Stock Repurchase Program
- Brookline Bancorp Announces Third Quarter Results
- Brookline Bancorp, Inc. Announces Third Quarter 2019 Earnings Release Date and Conference Call
- Brookline Bancorp Announces Second Quarter Results Net Income of $20.5 million, EPS of $0.26
- Brookline Bancorp, Inc. Announces Second Quarter 2019 Earnings Release Date and Conference Call
This member declared not having a position on this financial instrument or a related financial instrument.
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