BADGER METER INC (BMI) Stock Technical Analysis
USA - NYSE:BMI - US0565251081 - Common Stock
Taking everything into account, BMI scores 0 out of 10 in our technical rating. BMI'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 technical rating of BMI is bad and it also does not present a quality setup 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.
More info and screens
169.00
We found 1 important support area.
- A support zone ranging from 170.71 to 174.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 183.64 to 189.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @193.09 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 BMI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BMI is neutral. |
| ChartMill Relative Strength | 20.54 | NEGATIVE | BMI has a low relative strength, it was outperformed by 79.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BMI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BMI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BMI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.86 | NEUTRAL | The RSI value for BMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.8 | NEGATIVE | The MACD value suggests BMI has a negative trend. |
| Stochastics (14,3) | 26.18 | NEUTRAL | The Stochastics value for BMI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for BMI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.39 | NEUTRAL | The ADX value for BMI suggests a possible start of a new trend. |
175.9
-1.9 (-1.07%)
BADGER METER INC / BMI FAQ
What is the technical rating for BMI stock?
ChartMill assigns a technical rating of 0 / 10 to BMI.
What is the current trend direction of BADGER METER INC (BMI) stock?
The current trend direction for BADGER METER INC (BMI) is Bearish.
Can you provide the RSI signal for BADGER METER INC?
BADGER METER INC (BMI) has an RSI value of 39.8627. This indicates that the stock is currently neutral.
What are the support and resistance levels for BADGER METER INC (BMI) stock?
BADGER METER INC (BMI) has a support level at 174.58 and a resistance level at 183.64. Check the full technical report for our detailed analysis of BMI support and resistance levels.