BLUEROCK RESIDENTIAL GROWTH REIT - 1H - Technical analysis published on 08/04/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
BLUEROCK RESIDENTIAL GROWTH REIT Chart
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 26.21 USD
My targets
25.91 USD (-0.46%)
25.58 USD (-1.74%)
My analysis
BLUEROCK RESIDENTIAL GROWTH REIT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 26.21 USD. The next support located at 25.91 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 25.58 USD. Below this support, sellers could then target 16.61 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia.
Additional analysis
Quotes
BLUEROCK RESIDENTIAL GROWTH REIT rating 26.03 USD. The price registered a decrease of -0.12% on the session with the lowest point at 25.98 USD and the highest point at 26.11 USD. The deviation from the price is +0.19% for the low point and -0.31% for the high point.25.98
26.11
26.03
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
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 BLUEROCK RESIDENTIAL GROWTH REIT in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 16.61 | 25.91 | 26.00 | 26.03 | 26.08 | 26.21 | 26.30 |
| Change (%) | -36.19% | -0.46% | -0.12% | - | +0.19% | +0.69% | +1.04% |
| Change | -9.42 | -0.12 | -0.03 | - | +0.05 | +0.18 | +0.27 |
| Level | Minor | Intermediate | Minor | - | Minor | Minor | Intermediate |
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 | 25.64 | 25.82 | 25.94 | 26.12 | 26.24 | 26.42 | 26.54 |
| Camarilla | 25.98 | 26.01 | 26.03 | 26.06 | 26.09 | 26.12 | 26.14 |
| Woodie | 25.61 | 25.81 | 25.91 | 26.11 | 26.21 | 26.41 | 26.51 |
| Fibonacci | 25.82 | 25.94 | 26.01 | 26.12 | 26.24 | 26.31 | 26.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.58 | 25.74 | 26.01 | 26.17 | 26.44 | 26.60 | 26.87 |
| Camarilla | 26.15 | 26.19 | 26.23 | 26.27 | 26.31 | 26.35 | 26.39 |
| Woodie | 25.63 | 25.77 | 26.06 | 26.20 | 26.49 | 26.63 | 26.92 |
| Fibonacci | 25.74 | 25.91 | 26.01 | 26.17 | 26.34 | 26.44 | 26.60 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.50 | 25.70 | 25.99 | 26.19 | 26.48 | 26.68 | 26.97 |
| Camarilla | 26.14 | 26.18 | 26.23 | 26.27 | 26.32 | 26.36 | 26.41 |
| Woodie | 25.54 | 25.72 | 26.03 | 26.21 | 26.52 | 26.70 | 27.01 |
| Fibonacci | 25.70 | 25.89 | 26.01 | 26.19 | 26.38 | 26.50 | 26.68 |
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): | 39.16 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -8.52 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 26.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 26.14 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 26.25 | |
| Zig ZAG (10): | 26.01 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 8.33 | |
| TEMA (21): | 26.00 | |
| Williams %R (14): | -90.62 | |
| Chande Momentum Oscillator (20): | -0.12 | |
| Repulse (5,40,3): | -0.1300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 1.32 |
| MA7: | 26.16 | |
| MA20: | 26.17 | |
| MA50: | 26.29 | |
| MA100: | 26.38 | |
| MAexp7: | 26.04 | |
| MAexp20: | 26.10 | |
| MAexp50: | 26.15 | |
| MAexp100: | 26.16 | |
| Price / MA7: | -0.50% | |
| Price / MA20: | -0.53% | |
| Price / MA50: | -0.99% | |
| Price / MA100: | -1.33% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.27% | |
| Price / MAexp50: | -0.46% | |
| Price / MAexp100: | -0.50% |
Quotes :
-
15 min delayed data
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NYSE MKT Stocks
News
Don't forget to follow the news on BLUEROCK RESIDENTIAL GROWTH REIT. At the time of publication of this analysis, the latest news was as follows:
- Bluerock Residential Growth REIT (BRG) Announces July Dividends on Series B Preferred Stock and Series T Preferred Stock
- Bluerock Residential Growth REIT (BRG) Announces Second Quarter Dividends on Common Stock, 7.625% Series C Cumulative Redeemable Preferred Stock, and 7.125% Series D Cumulative Preferred Stock, and June Dividends on Series B Preferred Stock and Series T Preferred Stock
- Bluerock Residential Growth REIT (BRG) Announces May Dividends on Series B Preferred Stock and Series T Preferred Stock
- Bluerock Residential Growth REIT (BRG) Announces April Dividends on Series B Preferred Stock and Series T Preferred Stock
- Bluerock Residential Growth REIT (BRG) Announces First Quarter Dividends on Common Stock, 7.625% Series C Cumulative Redeemable Preferred Stock, and 7.125% Series D Cumulative Preferred Stock
This member declared not having a position on this financial instrument or a related financial instrument.
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