RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BC
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Thursday for Brunswick Corporation stock after gaining 0.85%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 20, 2024 Gain 4.77% PDF

The Brunswick Corporation stock price gained 0.85% on the last trading day (Thursday, 28th Mar 2024), rising from $95.71 to $96.52. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.02% from a day low at $95.67 to a day high of $96.64. The price has risen in 8 of the last 10 days and is up by 13.42% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 151 thousand more shares were traded than the day before. In total, 749 thousand shares were bought and sold for approximately $72.27 million.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.69% during the next 3 months and, with a 90% probability hold a price between $86.08 and $104.02 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

BC Signals & Forecast

Mostly positive signals in the chart today. The Brunswick Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $93.84 and $88.89. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, January 31, 2024, and so far it has risen 19.63%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Brunswick Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $85.60 and $84.49. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Brunswick Corporation finds support just below today's level at $85.60. If this is broken, then the next support from accumulated volume will be at $84.49 and $82.27.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.97 between high and low, or 1.02%. For the last week, the stock has had daily average volatility of 1.37%.

Our recommended stop-loss: $92.95 (-3.70%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 40 days ago.)

Trading Expectations (BC) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Brunswick Corporation to open at $96.28, and during the day (based on 14 day Average True Range), to move between $94.36 and $98.68, which gives a possible trading interval of +/-$2.16 (+/-2.23%) up or down from last closing price. If Brunswick Corporation takes out the full calculated possible swing range there will be an estimated 4.47% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $96.75 (0.24%) than the support at $85.60 (11.31%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Brunswick Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Brunswick Corporation stock to perform well in the short-term.

Current score: 4.463 Buy Candidate Unchanged

Predicted Opening Price for Brunswick Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$96.28 ( 0.254%) $96.52

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 97.25 0.756 %
R2 96.88 0.370 %
R1 96.65 0.132 %
Current price: 96.52
Support S1 95.90 -0.640 %
S2 95.67 -0.88 %
S3 95.30 -1.26 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 96.75 0.238 %
Current price 96.52
Support S1 85.60 -11.31%
S2 84.49 -12.46%
S3 82.27 -14.76%

BC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 23, 2024 Feb 23, 2024 Mar 15, 2024 $0.420 0.480%
2 Oct 17, 2023 Nov 22, 2023 Dec 15, 2023 $0.400 0.420%
3 Oct 17, 2023 Nov 21, 2023 Dec 15, 2023 $0.400 0.420%
4 Jul 18, 2023 Aug 22, 2023 Sep 15, 2023 $0.400 0.517%
5 May 03, 2023 May 12, 2023 Jun 15, 2023 $0.400 0.463%

FAQ

What is the symbol for Brunswick Corporation Stock and on which exchange is it traded?
The symbol for Brunswick Corporation is BC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Brunswick Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Brunswick Corporation stock to perform well in the short-term.

How to buy Brunswick Corporation Stock?
Brunswick Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Brunswick Corporation Stock.

What's the current price of Brunswick Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Brunswick Corporation (BC) share was $96.52.

What is the 52-week high and low for Brunswick Corporation Stock?
The 52-week high for Brunswick Corporation Stock is $99.68 and the 52-week low is $66.58.

What is the market capitalization of Brunswick Corporation Stock?
As of the 2024-03-28, the market capitalization of Brunswick Corporation is 6.58B.

When is the next earnings date for Brunswick Corporation?
The upcoming earnings date for Brunswick Corporation is Apr 25, 2024.
Click to get the best stock tips daily for free!

About Brunswick Corporation

Brunswick Brunswick Corporation designs, manufactures, and markets recreation products worldwide. It operates through Propulsion; Parts & Accessories; and Boat segments. The Propulsion segment provides outboard, sterndrive, and inboard engines for independent boat builders and governments through marine dealers and distributors, specialty marine retailers, and marine service centers; and propulsion-related controls, rigging, and propellers to original equi... BC Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT