BADGER METER INC (BMI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BMI - US0565251081 - Common Stock
Overall BMI gets a technical rating of 0 out of 10. BMI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 88% of all other stocks performed better in the past year than BMI.
- BMI is part of the Electronic Equipment, Instruments & Components industry. There are 123 other stocks in this industry, of which 75% are performing better than BMI.
- BMI is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month BMI has a been trading in the 139.14 - 182.23 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of BMI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
144.86
3 important resistance areas can be observed.
- A resistance zone ranging from 171.09 to 175.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 181.01 to 183.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @189.29 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 | DOWN | NEGATIVE | The short term trend for BMI is down. |
| ChartMill Relative Strength | 12.43 | NEGATIVE | BMI has a low relative strength, it was outperformed by 87.57% 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) | 28.03 | OVERSOLD | The low RSI value suggests BMI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.67 | NEGATIVE | The MACD value suggests BMI has a negative trend. |
| Stochastics (14,3) | 26.58 | NEUTRAL | The Stochastics value for BMI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for BMI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.96 | NEUTRAL | The ADX value for BMI suggests a possible start of a new trend. |
146.32
-18.09 (-11%)
BADGER METER INC / BMI FAQ
What is the technical rating for BMI stock?
ChartMill assigns a technical rating of 0 / 10 to BMI.
Can you provide the trend direction for BADGER METER INC?
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 28.0337. This indicates that the stock is currently oversold.
What is the MACD signal for BMI stock?
The MACD indicator for BADGER METER INC (BMI) has a value of -1.66723, indicating a bearish trend.
What is the buy/sell signal for BADGER METER INC (BMI) stock?
The buy/sell signal for BADGER METER INC (BMI) is sell as both the short term and long term trends are negative.