BGM GROUP LTD (BGM) Stock Technical Analysis
USA - NASDAQ:BGM - KYG7307E1237 - Common Stock
Taking everything into account, BGM scores 4 out of 10 in our technical rating. Although BGM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BGM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BGM in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.30
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.13 to 9.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.37 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.40 to 9.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.81 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.13 to 10.17. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for BGM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BGM is down. |
| ChartMill Relative Strength | 78.13 | POSITIVE | BGM has a high relative strength, it outperformed 78.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BGM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BGM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BGM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.48 | NEUTRAL | The RSI value for BGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BGM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.58 | NEUTRAL | The Stochastics value for BGM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.03 | HIGH VOLATILITY | The high ATR as a percentage value for BGM suggests high volalility. |
| Average Directional Index/ADX (14) | 27.94 | POSITIVE | The high ADX value value for BGM suggests a strong trend. |
NASDAQ:BGM (10/28/2025, 4:04:02 PM)
9.38
+0.03 (+0.32%)
BGM GROUP LTD / BGM FAQ
Can you provide the ChartMill technical rating for BGM GROUP LTD?
ChartMill assigns a technical rating of 4 / 10 to BGM.
What is the current trend direction of BGM GROUP LTD (BGM) stock?
The current trend direction for BGM GROUP LTD (BGM) is Bearish.
Can you provide the RSI signal for BGM GROUP LTD?
BGM GROUP LTD (BGM) has an RSI value of 49.4845. This indicates that the stock is currently neutral.
What is the MACD signal for BGM stock?
The MACD indicator for BGM GROUP LTD (BGM) has a value of -0.0617579, indicating a bearish trend.
What is the short term momentum for BGM GROUP LTD (BGM) stock?
The short term momentum for BGM GROUP LTD (BGM) is negative.