Brookline Bancorp Stock Technical Analysis

BRKL Stock  USD 8.97  0.04  0.44%   
As of the 17th of April 2024, Brookline Bancorp shows the Risk Adjusted Performance of (0.04), standard deviation of 2.14, and Mean Deviation of 1.59. Brookline Bancorp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect data for thirteen technical drivers for Brookline Bancorp, which can be compared to its peers. Please confirm Brookline Bancorp variance and potential upside to decide if Brookline Bancorp is priced correctly, providing market reflects its regular price of 8.97 per share. Given that Brookline Bancorp has information ratio of (0.11), we suggest you to validate Brookline Bancorp's prevailing market performance to make sure the company can sustain itself at a future point.

Brookline Bancorp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Brookline, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Brookline
  
Brookline Bancorp's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Brookline Bancorp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Brookline Bancorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Brookline Bancorp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Brookline Bancorp Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Brookline Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Brookline Bancorp Trend Analysis

Use this graph to draw trend lines for Brookline Bancorp. You can use it to identify possible trend reversals for Brookline Bancorp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Brookline Bancorp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Brookline Bancorp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Brookline Bancorp applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Brookline Bancorp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 23.45, which is the sum of squared deviations for the predicted Brookline Bancorp price change compared to its average price change.

About Brookline Bancorp Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Brookline Bancorp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Brookline Bancorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Brookline Bancorp price pattern first instead of the macroeconomic environment surrounding Brookline Bancorp. By analyzing Brookline Bancorp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Brookline Bancorp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Brookline Bancorp specific price patterns or momentum indicators. Please read more on our technical analysis page.

Brookline Bancorp April 17, 2024 Technical Indicators

Most technical analysis of Brookline help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Brookline from various momentum indicators to cycle indicators. When you analyze Brookline charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Brookline Bancorp April 17, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Brookline stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Brookline Bancorp is a strong investment it is important to analyze Brookline Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Brookline Bancorp's future performance. For an informed investment choice regarding Brookline Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookline Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Brookline Stock please use our How to buy in Brookline Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Brookline Stock analysis

When running Brookline Bancorp's price analysis, check to measure Brookline Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brookline Bancorp is operating at the current time. Most of Brookline Bancorp's value examination focuses on studying past and present price action to predict the probability of Brookline Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookline Bancorp's price. Additionally, you may evaluate how the addition of Brookline Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Brookline Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brookline Bancorp. If investors know Brookline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brookline Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Brookline Bancorp is measured differently than its book value, which is the value of Brookline that is recorded on the company's balance sheet. Investors also form their own opinion of Brookline Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Brookline Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brookline Bancorp's market value can be influenced by many factors that don't directly affect Brookline Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brookline Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookline Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookline Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.