BIOMEA FUSION INC (BMEA) Stock Technical Analysis
NASDAQ:BMEA - Nasdaq - US09077A1060 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BMEA. BMEA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than BMEA.
BMEA is part of the Biotechnology industry. There are 560 other stocks in this industry, of which 84% are performing better than BMEA.
BMEA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BMEA is lagging the market.
In the last month BMEA has a been trading in the 1.29 - 2.30 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, BMEA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1.43
1.52
We found 1 important resistance area.
- Resistance @1.50 from a horizontal line in the daily time frame.
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 BMEA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BMEA is down. |
| ChartMill Relative Strength | 1.81 | NEGATIVE | BMEA has a low relative strength, it was outperformed by 98.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BMEA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BMEA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BMEA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.7 | NEUTRAL | The RSI value for BMEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BMEA has a positive trend. |
| Stochastics (14,3) | 27.55 | NEUTRAL | The Stochastics value for BMEA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.88 | HIGH VOLATILITY | The high ATR as a percentage value for BMEA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.83 | POSITIVE | The high ADX value value for BMEA suggests a strong 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)
1.44
-0.05 (-3.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.36%
1 Week-0.69%
2 Weeks0.7%
1 Month-29.06%
3 Month-50.17%
6 Month-80.11%
12 Month-86.31%
2 Year-95.76%
3 Year-73.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%11.88%
ATR Inc-28.12%
Range Today0.11
ADR(20)0.17
ADR(20)%11.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.81
Mansfield-7.29
10 Day High1.59
10 Day Low1.29
20 Day High2.3
20 Day Low1.29
52 Week High13.07
52 Week Low1.29
CS1 EndN/A
CR1 Start1.5
Volume & EV
DER(3)-5.48%
DER(5)-2.4%
Volume543.10K
Volume Incr-2.04%
Vol(5)660.90K
Vol(50)734.46K