US stock / ETF

Brown & Brown, Inc.

BRO · NYSE · USD

1 hourBullish87%
1h Upside probability 87%Bullish

BRO 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $59.39 and reclaim $62.24.

Invalidation Trigger

Lose $59.39 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 53.5, MACD 0.067

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3168 (0.52%)

1h

EMA Structure

Range
EMA 8$60.87Bullish
EMA 21$60.77Bullish
EMA 50$60.93Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.5 · MACD 0.067

Neutral zone

Strength
Bullish
Volatility
ATR $0.3168 · BB 2.74%

Low volatility

Strength
Bullish
Volume
MFI 90.5 · OBV 4.80%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$59.39 - $62.24

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.6% · 5.0 ATR above latest close

$62.56
Nearest resistance

+2.08% · 4.0 ATR above · 34-bar high

$62.24
Current price

Price shown is delayed

$60.97
Nearest support

-2.6% · 5.0 ATR below · 34-bar low

$59.39
Deeper support zone

-3.12% · 6.0 ATR below latest close

$59.07
ATR zone

Latest close ± ATR14

$60.65 - $61.29

Indicators

Trend

Dow Theory Structure

Confirmation $61.34, invalidation $60.81

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

16.7 / 28.4 / 22.0Bullish
Supertrend (10,3)

Price is above Supertrend

$59.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.82 / $60.63Bullish
Donchian Channel (20)

20-period breakout channel position

81%Range

Volatility

ATR (14)

Low volatility

$0.3168 (0.52%)Bullish
Bollinger Bands (20,2)

Width 2.74%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$61.44 / $60.09Bullish
ATR channel lower / upper

Current Volatility Envelope

$60.65 / $61.29Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.24Range
Support

Nearest Downside Decision Level

$59.39Range

Momentum

RSI (14)

Neutral zone

53.5Range
MACD (12,26,9)

Histogram is positive

0.067Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.2 / 74.0Bearish
Williams %R (14)

Neutral zone

-27.8Range
CCI (20)

Balanced zone

77.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

90.5Bullish
OBV slope

20-period OBV slope

4.80%Bullish
Volume ratio

Relative to 20-period average volume

3.12xBullish

Trend

Dow Theory Structure

Confirmation $61.34, invalidation $60.81

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

16.7 / 28.4 / 22.0Bullish
Supertrend (10,3)

Price is above Supertrend

$59.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.82 / $60.63Bullish
Donchian Channel (20)

20-period breakout channel position

81%Range

Momentum

RSI (14)

Neutral zone

53.5Range
MACD (12,26,9)

Histogram is positive

0.067Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.2 / 74.0Bearish
Williams %R (14)

Neutral zone

-27.8Range
CCI (20)

Balanced zone

77.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.3168 (0.52%)Bullish
Bollinger Bands (20,2)

Width 2.74%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$61.44 / $60.09Bullish
ATR channel lower / upper

Current Volatility Envelope

$60.65 / $61.29Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

90.5Bullish
OBV slope

20-period OBV slope

4.80%Bullish
Volume ratio

Relative to 20-period average volume

3.12xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.24Range
Support

Nearest Downside Decision Level

$59.39Range

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