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.
BMI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 172.76, a Stop Loss order could be placed below this zone.
169.00
When analyzing the support we notice one important area.
When analyzing the resistance we notice 3 important areas.
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 | 8.58 | NEGATIVE | BMI has a low relative strength, it was outperformed by 91.42% 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) | 38.25 | NEUTRAL | The RSI value for BMI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests BMI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 38.07 | NEUTRAL | The Stochastics value for BMI is a neutral value. |
Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for BMI suggests some volalility. |
Average Directional Index/ADX (14) | 38.92 | POSITIVE | The high ADX value value for BMI suggests a strong trend. |
175.43
-1.8 (-1.02%)