B RILEY PRINCIPAL 150 MERG-A (BRPM) Technical Analysis
NASDAQ:BRPM • US05601V1035
Current stock price
BRPM Technical Rating and Analysis
Overall BRPM gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BRPM is showing a nice and steady performance.
- 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.
- When comparing the yearly performance of all stocks, we notice that BRPM is one of the better performing stocks in the market, outperforming 96% of all 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 trading in the upper part of its 52 week range, so BRPM is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BRPM Weekly and Daily overview Charts
BRPM Setup Rating and Analysis
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
BRPM Support and Resistance Analysis
9.55
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.
BRPM 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 | 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. |
BRPM Chart- and CandleStick Pattern Analysis
BRPM Technicals: Chart, Performance Metrics, Trend & Indicators
13.02
+1.97 (+17.83%)
B RILEY PRINCIPAL 150 MERG-A / BRPM TA FAQ
What is the technical rating for BRPM stock?
ChartMill assigns a technical rating of 8 / 10 to BRPM.
What is the current trend direction of B RILEY PRINCIPAL 150 MERG-A (BRPM) stock?
The current trend direction for B RILEY PRINCIPAL 150 MERG-A (BRPM) is Bullish.
Can you provide the RSI signal for B RILEY PRINCIPAL 150 MERG-A?
B RILEY PRINCIPAL 150 MERG-A (BRPM) has an RSI value of 81.372. This indicates that the stock is currently overbought.
What is the short term momentum for BRPM stock?
The short term momentum for B RILEY PRINCIPAL 150 MERG-A (BRPM) is positive.
Can you provide the buy/sell signal for B RILEY PRINCIPAL 150 MERG-A?
The buy/sell signal for B RILEY PRINCIPAL 150 MERG-A (BRPM) is buy as both the short term and long term trends are positive.