Big Rock Partners Acquisition Corp (BRPA) Stock Technical Analysis
NASDAQ:BRPA -
24.25
-3.27 (-11.88%)
23.7
-0.55 (-2.27%)
Overall BRPA gets a technical rating of 2 out of 10. BRPA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BRPA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, BRPA did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month BRPA has a been trading in the 16.34 - 48.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of BRPA 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
18.46
44.05
2 important support areas can be observed.
- Support @23.01 from a horizontal line in the weekly time frame.
- Support @18.65 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 32.31 to 32.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.53 from a trend line in the daily time frame.
- Resistance @43.61 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 | NEUTRAL | NEUTRAL | The long term trend for BRPA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRPA is neutral. |
| ChartMill Relative Strength | 76.69 | POSITIVE | BRPA has a high relative strength, it outperformed 76.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRPA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRPA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRPA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.25 | NEUTRAL | The RSI value for BRPA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests BRPA has a negative trend. |
| Stochastics (14,3) | 39.87 | NEUTRAL | The Stochastics value for BRPA is a neutral value. |
| Average True Range in percent/ATR (20) | 27.11 | HIGH VOLATILITY | The high ATR as a percentage value for BRPA suggests high 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)
Big Rock Partners Acquisition Corp
NASDAQ:BRPA (5/24/2021, 8:08:27 PM)
After market: 23.7 -0.55 (-2.27%)24.25
-3.27 (-11.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-11.88%
1 Week16.98%
2 Weeks-24.15%
1 Month-37.82%
3 Month-37.03%
6 Month123.92%
12 Month108.51%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.3
ATR(20)%27.11%
ATR Inc86.16%
Range Today6.98
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
CRS76.69
Mansfield-0.01
10 Day High48.8
10 Day Low16.34
20 Day High48.8
20 Day Low16.34
52 Week High76.99
52 Week Low9.8
CS1 End23.01
CR1 Start32.31
Volume & EV
DER(3)2.7%
DER(5)2.74%
Volume287.70K
Volume Incr3242.58%
Vol(5)878.52K
Vol(50)112.55K