B RILEY PRINCIPAL 150 MERG-A (BRPM) Stock Technical Analysis
USA - NASDAQ:BRPM - US05601V1035 - Common Stock
13.02 USD
+1.97 (+17.83%)
12.8 USD
-0.22 (-1.69%)
Taking everything into account, BRPM scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, BRPM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month BRPM has a been trading in the 8.02 - 13.50 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, BRPM did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
BRPM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRPM is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BRPM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.55
13.15
When analyzing the support we notice one important area.
- A support zone ranging from 9.65 to 10.21. This zone is formed by a combination of multiple trend lines and important moving averages 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 BRPM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRPM is up. |
| ChartMill Relative Strength | 96.73 | POSITIVE | BRPM has a high relative strength, it outperformed 96.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRPM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRPM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRPM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.37 | OVERBOUGHT | The high RSI value suggests BRPM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests BRPM has a positive trend. |
| Stochastics (14,3) | 81.21 | OVERBOUGHT | The high Stochastics value suggests BRPM may be overbought. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for BRPM suggests some 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)
13.02
+1.97 (+17.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg17.83%
1 Week36.69%
2 Weeks30.72%
1 Month31.38%
3 Month31.12%
6 Month31.38%
12 Month33.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%4.47%
ATR Inc275.47%
Range Today2.51
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
CRS96.73
Mansfield4.4
10 Day High13.5
10 Day Low8.02
20 Day High13.5
20 Day Low8.02
52 Week High15.74
52 Week Low8.02
CS1 End10.21
CR1 StartN/A
Volume & EV
DER(3)5.97%
DER(5)5.02%
Volume756.60K
Volume Incr167.83%
Vol(5)614.72K
Vol(50)196.09K