Home News Business Brookline Bancorp, Inc. (NASDAQ:BRKL): A Quick Look at the Technicals & Expected...

Brookline Bancorp, Inc. (NASDAQ:BRKL): A Quick Look at the Technicals & Expected Momentum


Brookline Bancorp, Inc. (NASDAQ:BRKL) are in focus as we look at near-term expected movement. The reading from the 40-day commodity channel index is currently Hold. The CCI indicator is mainly used to identify oversold and overbought levels. The signal direction is Falling.

Shifting to the 50-day moving average vs price signal, the reading is measured at Sell for Brookline Bancorp, Inc. (NASDAQ:BRKL). This indicator is used to watch price changes. After a recent look, the signal strength is Minimum, and the signal direction is Weakening. Investors may also be interested in following other technical signals. Checking on the 50-day parabolic time/price signal, we can see the signal is presently Buy. The parabolic strength is Average, and the direction is Weakening.

As investors closely watch the markets, they may be wondering if the bull market has run its course. Even with stocks at near all-time highs, there may be plenty of buying opportunities available for the savvy investor. Focusing on the technicals may offer a good way to assess stock performance without getting caught up in the chaos of round the clock headlines that can often seem overwhelming.

Many investors will often want to widen the focus when studying equities. Let us now take a look at some longer term technical indicators. Brookline Bancorp, Inc. (NASDAQ:BRKL) currently has a 60-day commodity channel index of Hold. The CCI indicator is typically used to scope out overbought and oversold levels. The direction is presently Falling.

Changing lanes, the 100-day moving average verse price signal is Sell for Brookline Bancorp, Inc. (NASDAQ:BRKL). The 100-day MA verse price strength is Minimum, and the direction of the signal is Strengthening.

In terms of ratings, analysts have a consensus rating of 3.25. This is based on a 1-5 numeric scale where 5 represents a Strong Buy and 1 a Strong Sell.

About Brookline Bancorp, Inc.

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. As a commercially-focused financial institution with approximately 50 banking offices in greater Boston, the north shore of Massachusetts and Rhode Island, the Company offers commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services in central New England. The Company’s activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.