BLACKROCK HEALTH SCIENCES (BME) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BME - US09250W1071
Taking everything into account, BME scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BME is only an average performer.
Although BME has an excellent technical rating, it does not present a decent entry opportunity 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.
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34.51
4 important support areas can be observed.
- A support zone ranging from 39.71 to 39.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 37.21 to 37.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.77 to 36.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @34.86 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 41.54 to 41.62. 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 BME is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BME is up. |
| ChartMill Relative Strength | 71 | POSITIVE | BME has a high relative strength, it outperformed 71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BME is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BME is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BME is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.06 | OVERBOUGHT | The high RSI value suggests BME may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests BME has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.8 | OVERBOUGHT | The high Stochastics value suggests BME may be overbought. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for BME suggests low volalility. |
| Average Directional Index/ADX (14) | 44.25 | POSITIVE | The high ADX value value for BME suggests a strong trend. |
NYSE:BME (11/28/2025, 8:14:51 PM)
41.53
-0.08 (-0.19%)
BLACKROCK HEALTH SCIENCES / BME FAQ
What is the technical rating for BME stock?
ChartMill assigns a technical rating of 8 / 10 to BME.
What is the current trend direction of BLACKROCK HEALTH SCIENCES (BME) stock?
The current trend direction for BLACKROCK HEALTH SCIENCES (BME) is Bullish.
What is the RSI signal for BLACKROCK HEALTH SCIENCES (BME) stock?
BLACKROCK HEALTH SCIENCES (BME) has an RSI value of 79.0596. This indicates that the stock is currently overbought.
Can you provide the short term momentum for BLACKROCK HEALTH SCIENCES?
The short term momentum for BLACKROCK HEALTH SCIENCES (BME) is positive.
What is the buy/sell signal for BLACKROCK HEALTH SCIENCES (BME) stock?
The buy/sell signal for BLACKROCK HEALTH SCIENCES (BME) is buy as both the short term and long term trends are positive.