BIOMERIEUX (BIM.PA) Stock Technical Analysis
EPA:BIM - Euronext Paris - Matif - FR0013280286 - Common Stock - Currency: EUR
Taking everything into account, BIM scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BIM is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that BIM is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, BIM also shows a nice and consistent pattern of rising prices.
BIM is part of the Health Care Equipment & Supplies industry. There are 63 other stocks in this industry. BIM outperforms 90% of them.
BIM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BIM is leading the market.
In the last month BIM has a been trading in the 113.20 - 120.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BIM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 120.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 118.90, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
85.62
121.30
6 important support areas can be observed.
- A support zone ranging from 116.32 to 118.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 112.50 to 114.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @109.70 from a horizontal line in the daily time frame.
- Support @107.82 from a trend line in the weekly time frame.
- Support @91.84 from a trend line in the weekly time frame.
- Support @86.48 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 120.10 to 120.10. 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 | UP | POSITIVE | The long term trend for BIM.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BIM.PA is neutral. |
| ChartMill Relative Strength | 87.31 | POSITIVE | BIM.PA has a high relative strength, it outperformed 87.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIM.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIM.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BIM.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.35 | NEUTRAL | The RSI value for BIM.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests BIM.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.01 | NEUTRAL | The Stochastics value for BIM.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for BIM.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.38 | NEGATIVE | The low ADX value for BIM.PA suggests a weak or negative trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 120.11 | 116.31 | 3.80 (3.16%) | 25.00% |
| An entry @120.11. This is a Buy Stop order right above the resistance zone. | An exit @116.31. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.80 points, which is 3.16%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.79%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPA:BIM (6/2/2025, 5:29:35 PM)
119
+0.9 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.76%
1 Week0.93%
2 Weeks-0.67%
1 Month0.68%
3 Month3.21%
6 Month21.8%
12 Month26.87%
2 Year23.8%
3 Year27.68%
5 Year-2.7%
10 Year274.35%
15 Year323.11%
Volatility
ATR(14)2.01
ATR(20)%1.69%
ATR Inc54.96%
Range Today2.6
ADR(20)1.92
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.31
Mansfield0.75
10 Day High120.2
10 Day Low114.8
20 Day High120.9
20 Day Low113.2
52 Week High120.9
52 Week Low88.25
CS1 End118.9
CR1 Start120.1
Volume & EV
DER(3)2.09%
DER(5)1.77%
Volume26.02K
Volume Incr50.85%
Vol(5)142.92K
Vol(50)124.81K