BRISTOL-MYERS SQUIBB CO (BRM.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:BRM - US1101221083 - Common Stock
Taking everything into account, BRM scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BRM is a bad performer.
- When comparing the yearly performance of all stocks, BRM is a bad performer in the overall market: 70% of all stocks are doing better.
- Warning: BRM has an average volume of 3467 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- In the last month BRM has a been trading in the 44.48 - 49.20 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- BRM is part of the Pharmaceuticals industry. There are 55 other stocks in this industry, BRM did better than 50% of them.
- BRM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRM is lagging the market.
- Considerably lower volume is observed in the last couple of days.
BRM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 46.44, a Stop Loss order could be placed below this zone.
More info and screens
36.13
When analyzing the support we can see 5 important areas.
- A support zone ranging from 45.92 to 46.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @42.52 from a horizontal line in the daily time frame.
- Support @40.58 from a horizontal line in the daily time frame.
- Support @37.77 from a horizontal line in the daily time frame.
- Support @36.49 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 46.48 to 47.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 48.28 to 48.66. 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 BRM.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRM.DE is neutral. |
| ChartMill Relative Strength | 30.96 | NEUTRAL | BRM.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BRM.DE is below 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) | UP | POSITIVE | The current price of BRM.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.25 | NEUTRAL | The RSI value for BRM.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests BRM.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.6 | NEUTRAL | The Stochastics value for BRM.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for BRM.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.49 | NEUTRAL | The ADX value for BRM.DE suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 47.03 | 45.91 | 1.12 (2.38%) | 25.00% |
| An entry @47.03. This is a Buy Stop order right above the resistance zone. | An exit @45.91. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.12 points, which is 2.38%. | For a 0.60% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BRM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:BRM (1/27/2026, 7:00:00 PM)
46.465
+0.54 (+1.16%)
BRISTOL-MYERS SQUIBB CO / BRM.DE FAQ
What is the technical rating for BRM stock?
ChartMill assigns a technical rating of 6 / 10 to BRM.DE.
What is the current trend direction of BRISTOL-MYERS SQUIBB CO (BRM.DE) stock?
The current trend direction for BRISTOL-MYERS SQUIBB CO (BRM.DE) is Bullish.
What is the RSI signal for BRISTOL-MYERS SQUIBB CO (BRM.DE) stock?
BRISTOL-MYERS SQUIBB CO (BRM.DE) has an RSI value of 51.2494. This indicates that the stock is currently neutral.
What is the MACD signal for BRISTOL-MYERS SQUIBB CO (BRM.DE) stock?
The MACD indicator for BRISTOL-MYERS SQUIBB CO (BRM.DE) has a value of -0.354608, indicating a bearish trend.