BADGER METER INC (BMI)

US0565251081 - Common Stock

200.87  -3.27 (-1.6%)

Technical Rating and Analysis

7

Overall BMI gets a technical rating of 7 out of 10. In the last year, BMI was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month BMI has a been trading in the 193.00 - 230.76 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.
When comparing the yearly performance of all stocks, we notice that BMI is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, BMI also shows a nice and consistent pattern of rising prices.
BMI is part of the Electronic Equipment, Instruments & Components industry. There are 126 other stocks in this industry. BMI outperforms 72% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
BMI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BMI is lagging the market.
Weekly and Daily overview Charts
BMI Weekly chart
BMI Daily chart
Setup Rating and Analysis

2

Although BMI has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

138.68

232.00

We found 4 important support areas.

  • A support zone ranging from 190.56 to 193.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 182.52 to 184.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @168.91 from a trend line in the weekly time frame.
  • Support @140.08 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 202.18 to 204.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 226.21 to 229.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.53
Mansfield0.27
10 Day High230.76
10 Day Low193
20 Day High230.76
20 Day Low193
52 Week High230.76
52 Week Low136.31
Performance
1 Week-9.36%
2 Weeks-9.23%
1 Month-6.85%
3 Month-1.04%
6 Month10.04%
12 Month48.05%
2 Year81.49%
3 Year99.65%
5 Year253.18%
10 Year617.29%
15 Year995.47%
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)
Technical Indicators
MACD(12,26,9)-2.96
RSI(14)35.98
LBB204.15
UBB235.95
BMI Daily chart

BADGER METER INC

NYSE:BMI (10/22/2024, 1:25:27 PM)

200.87

-3.27 (-1.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.6%
1 Week-9.36%
2 Weeks-9.23%
1 Month-6.85%
3 Month-1.04%
6 Month10.04%
12 Month48.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.06
ATR(20)%2.62%
ATR Inc
Range Today2.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High230.76
10 Day Low193
20 Day High230.76
20 Day Low193
52 Week High230.76
52 Week Low136.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume71.64K
Volume Incr149.37%
Vol(5)398.70K
Vol(50)170.69K