BITMINE IMMERSION TECHNOLOGI (BMNR) Stock Technical Analysis
NYSEARCA:BMNR - NYSE Arca - US09175A1079 - Common Stock - Currency: USD
Taking everything into account, BMNR scores 4 out of 10 in our technical rating. BMNR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
BMNR has an average technical rating and the quality of the presented setup is also not ideal 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
39.16
We found 1 important support area.
- Support @39.56 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 | UP | POSITIVE | The long term trend for BMNR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BMNR is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BMNR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BMNR is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 50.52 | NEUTRAL | The RSI value for BMNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.24 | NEGATIVE | The MACD value suggests BMNR has a negative trend. |
| Stochastics (14,3) | 8.01 | OVERSOLD | The low Stochastics value suggests BMNR may be oversold. |
| Average True Range in percent/ATR (20) | 54.64 | HIGH VOLATILITY | The high ATR as a percentage value for BMNR suggests high volalility. |
| Average Directional Index/ADX (14) | 51.51 | POSITIVE | The high ADX value value for BMNR suggests a strong trend. |
NYSEARCA:BMNR (7/23/2025, 3:45:10 PM)
39.63
-0.7 (-1.74%)