BRISTOL-MYERS SQUIBB CO (BRM.DE) Stock Technical Analysis
Europe - FRA:BRM - US1101221083 - Common Stock
Taking everything into account, BRM scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. BRM was also a bad performer in the overall market in the last year.
The technical rating of BRM is bad and it also does not present a 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
36.13
When analyzing the support we can see 3 important areas.
- Support @40.41 from a trend line in the daily time frame.
- A support zone ranging from 37.77 to 39.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.49 to 37.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 40.45 to 40.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.59 from a horizontal line in the daily time frame.
- Resistance @42.37 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for BRM.DE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRM.DE is up. |
| ChartMill Relative Strength | 14.27 | NEGATIVE | BRM.DE has a low relative strength, it was outperformed by 85.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRM.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRM.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRM.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.63 | NEUTRAL | The RSI value for BRM.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests BRM.DE has a positive trend. |
| Stochastics (14,3) | 86.28 | OVERBOUGHT | The high Stochastics value suggests BRM.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for BRM.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 20.82 | NEUTRAL | The ADX value for BRM.DE suggests a possible start of a new trend. |
FRA:BRM (11/7/2025, 4:02:07 PM)
40.435
+0.28 (+0.68%)
BRISTOL-MYERS SQUIBB CO / BRM.DE FAQ
What is the technical rating for BRM stock?
ChartMill assigns a technical rating of 3 / 10 to BRM.DE.
What is the trend direction for BRM stock?
The current trend direction for BRISTOL-MYERS SQUIBB CO (BRM.DE) is Bearish.
What is the RSI signal for BRISTOL-MYERS SQUIBB CO (BRM.DE) stock?
BRISTOL-MYERS SQUIBB CO (BRM.DE) has an RSI value of 61.6285. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BRISTOL-MYERS SQUIBB CO?
The MACD indicator for BRISTOL-MYERS SQUIBB CO (BRM.DE) has a value of 0.345058, indicating a bearish trend.
What is the short term momentum for BRISTOL-MYERS SQUIBB CO (BRM.DE) stock?
The short term momentum for BRISTOL-MYERS SQUIBB CO (BRM.DE) is positive.