BRISTOL-MYERS SQUIBB CO (BRM.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:BRM - US1101221083 - Common Stock
Taking everything into account, BRM scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BRM is only an average performer.
Although BRM has an excellent technical rating, it 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
36.13
When analyzing the support we can see 5 important areas.
- A support zone ranging from 44.50 to 44.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 42.52 to 42.91. This zone is formed by a combination of multiple trend lines and important moving averages 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.
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 | UP | POSITIVE | The short term trend for BRM.DE is up. |
| ChartMill Relative Strength | 52.36 | NEUTRAL | BRM.DE is not amongst the best or worst performers 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 | MIXED | The current price of BRM.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.11 | NEUTRAL | The RSI value for BRM.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BRM.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.38 | OVERBOUGHT | The high Stochastics value suggests BRM.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for BRM.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 31.25 | POSITIVE | The high ADX value value for BRM.DE suggests a strong trend. |
FRA:BRM (1/9/2026, 7:00:00 PM)
47.87
-0.79 (-1.62%)
BRISTOL-MYERS SQUIBB CO / BRM.DE FAQ
What is the technical rating for BRM stock?
ChartMill assigns a technical rating of 8 / 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 65.1062. 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 0.0987509, indicating a bearish trend.
Can you provide the buy/sell signal for BRISTOL-MYERS SQUIBB CO?
The buy/sell signal for BRISTOL-MYERS SQUIBB CO (BRM.DE) is buy as both the short term and long term trends are positive.