BREA Stock Summary and Trading Ideas (Brera Holdings PLC - Class B | NASDAQ:BREA)

Brera Holdings PLC focused on expanding social impact football by developing a global portfolio of emerging football clubs with increased opportunities to earn tournament prizes, gain sponsorships, and provide other professional football and related consulting services.

Brera Holdings PLC - Class B trades on the NASDAQ stock market under the symbol BREA.

As of April 19, 2024, BREA stock price climbed to $1.29 with 49,568 million shares trading.

BREA has a beta of 0.43, meaning it tends to be less sensitive to market movements. BREA has a correlation of 0.00 to the broad based SPY ETF.

BREA has a market cap of $15.83 million. This is considered a Sub-Micro Cap stock.

BREA has underperformed the market in the last year with a price return of -65.1% while the SPY ETF gained +21.2%. However, in the short term, BREA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +7.6% vs +4.3% return in SPY. But in the last 2 weeks, BREA shares have been beat by the market, returning -4.4% compared to an SPY return of -3.5%.

BREA support price is $1.18 and resistance is $1.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BREA stock will trade within this expected range on the day.