B. Riley Principal Merger Corp II Cl A (BMRG) Stock Technical Analysis
NYSE:BMRG -
10.68
-0.14 (-1.29%)
10.8
+0.12 (+1.12%)
We assign a technical rating of 6 out of 10 to BMRG. In the last year, BMRG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, BMRG is a bad performer in the overall market: 100% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month BMRG has a been trading in the 9.95 - 11.01 range, which is quite wide. It is currently trading near the high of this range.
BMRG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BMRG is lagging the market.
Volume is considerably higher in the last couple of days.
BMRG has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.84
10.94
We found 1 important support area.
- A support zone ranging from 9.94 to 10.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.83 to 10.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BMRG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BMRG is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BMRG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BMRG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BMRG is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 73.23 | OVERBOUGHT | The high RSI value suggests BMRG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BMRG has a positive trend. |
| Stochastics (14,3) | 80.21 | OVERBOUGHT | The high Stochastics value suggests BMRG may be overbought. |
| Average True Range in percent/ATR (20) | 1.29 | LOW VOLATILITY | The low ATR as a percentage value for BMRG suggests low volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
B. Riley Principal Merger Corp II Cl A
NYSE:BMRG (11/16/2020, 8:12:08 PM)
After market: 10.8 +0.12 (+1.12%)10.68
-0.14 (-1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.29%
1 Week5.12%
2 Weeks6.06%
1 Month7.18%
3 Month6.16%
6 Month0%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%1.29%
ATR Inc287.23%
Range Today0.33
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High11.01
10 Day Low10.01
20 Day High11.01
20 Day Low9.95
52 Week High11.84
52 Week Low9.7
CS1 End10.17
CR1 Start10.83
Volume & EV
DER(3)-0.49%
DER(5)0.27%
Volume686.00K
Volume Incr62.37%
Vol(5)1.34M
Vol(50)647.20K