Big Rock Partners Acquisition Corp (BRPA) Technical Analysis
NASDAQ:BRPA
Current stock price
BRPA Technical Rating and Analysis
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. The S&P500 Index however is trading in the upper part of its 52 week range, so BRPA is lagging the market.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the yearly performance of all stocks, we notice that BRPA is one of the better performing stocks in the market, outperforming 76% of all 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.
BRPA Weekly and Daily overview Charts
BRPA Setup Rating and Analysis
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
BRPA Support and Resistance Analysis
18.46
We found 2 important support areas.
- Support @23.01 from a horizontal line in the weekly time frame.
- Support @18.65 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- 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.
BRPA Technical Indicator Signal Analysis
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. |
BRPA Chart- and CandleStick Pattern Analysis
BRPA Technicals: Chart, Performance Metrics, Trend & Indicators
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%)
Big Rock Partners Acquisition Corp / BRPA TA FAQ
What is the ChartMill technical rating of Big Rock Partners Acquisition Corp (BRPA) stock?
ChartMill assigns a technical rating of 2 / 10 to BRPA.
What is the trend direction for BRPA stock?
The current trend direction for Big Rock Partners Acquisition Corp (BRPA) is Bearish.
What is the RSI signal for BRPA stock?
Big Rock Partners Acquisition Corp (BRPA) has an RSI value of 44.249. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Big Rock Partners Acquisition Corp?
The MACD indicator for Big Rock Partners Acquisition Corp (BRPA) has a value of -0.228571, indicating a bearish trend.