Londinia Opportunities Analyses - 05/02/2024 (GMT) BRIXMOR PROPERTY GROUP INC. - 1H

BRIXMOR PROPERTY GROUP INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: BRX
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 22.18 USD
My targets
23.09 USD (+2.26%)
23.49 USD (+4.03%)
My analysis
The bullish trend is currently very strong on BRIXMOR PROPERTY GROUP INC.. As long as the price remains above the support at 22.18 USD, you could try to benefit from the boom. The first bullish objective is located at 23.09 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 23.49 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8

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Additional analysis

Quotes

BRIXMOR PROPERTY GROUP INC. rating 22.58 USD. The price registered an increase of +1.76% on the session with the lowest point at 22.31 USD and the highest point at 22.64 USD. The deviation from the price is +1.21% for the low point and -0.27% for the high point.

22.31
22.64
22.58

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BRIXMOR PROPERTY GROUP INC.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this BRIXMOR PROPERTY GROUP INC. chart shows a strongly 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 scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1R1PriceR2R3
ProTrendLines 21.38 21.76 22.18 22.58 22.58 23.09 23.49
Change (%) -5.31% -3.63% -1.77% 0% - +2.26% +4.03%
Change -1.20 -0.82 -0.40 0 - +0.51 +0.91
Level Minor Major Major Major - Minor Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard21.1621.5421.8722.2522.5822.9623.29
Camarilla22.0022.0622.1322.1922.2622.3222.39
Woodie21.1321.5321.8422.2422.5522.9523.26
Fibonacci21.5421.8221.9822.2522.5322.6922.96


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.7821.1021.4121.7322.0422.3622.67
Camarilla21.5521.6121.6621.7221.7821.8421.89
Woodie20.7821.1021.4121.7322.0422.3622.67
Fibonacci21.1021.3421.4921.7321.9722.1222.36


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.3919.5920.8522.0523.3124.5125.77
Camarilla21.4221.6521.8822.1022.3322.5522.78
Woodie18.4119.6120.8722.0723.3324.5325.79
Fibonacci19.5920.5321.1122.0522.9923.5724.51

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 61.58
MACD (12,26,9): 0.1400
Directional Movement: 15.87
AROON (14): 42.85
DEMA (21): 22.50
Parabolic SAR (0,02-0,02-0,2): 21.93
Elder Ray (13): 0.14
Super Trend (3,10): 21.95
Zig ZAG (10): 22.60
VORTEX (21): 1.0800
Stochastique (14,3,5): 78.01
TEMA (21): 22.53
Williams %R (14): -5.67
Chande Momentum Oscillator (20): 0.49
Repulse (5,40,3): 0.8200
ROCnROLL: 1
TRIX (15,9): 0.0800
Courbe Coppock: 1.65
MA7: 22.04
MA20: 21.76
MA50: 22.15
MA100: 22.34
MAexp7: 22.47
MAexp20: 22.33
MAexp50: 22.10
MAexp100: 21.95
Price / MA7: +2.45%
Price / MA20: +3.77%
Price / MA50: +1.94%
Price / MA100: +1.07%
Price / MAexp7: +0.49%
Price / MAexp20: +1.12%
Price / MAexp50: +2.17%
Price / MAexp100: +2.87%

Quotes : - 15 min delayed data - Actions NYSE