Taking everything into account, BMNU scores 0 out of 10 in our technical rating. BMNU 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.
- When comparing the yearly performance of all stocks, BMNU is a bad performer in the overall market: 100% of all stocks are doing better.
- BMNU has an average volume of 37268800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month BMNU has a been trading in the 4.28 - 7.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BMNU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
5.13
We found 1 important resistance area.
- Resistance @6.01 from a trend 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 BMNU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BMNU is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BMNU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BMNU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BMNU is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.35 | NEUTRAL | The RSI value for BMNU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BMNU has a positive trend. |
| Stochastics (14,3) | 22.31 | NEUTRAL | The Stochastics value for BMNU is a neutral value. |
| Average True Range in percent/ATR (20) | 15.14 | HIGH VOLATILITY | The high ATR as a percentage value for BMNU suggests high volalility. |
| Average Directional Index/ADX (14) | 17.38 | NEGATIVE | The low ADX value for BMNU suggests a weak or negative trend. |
5.18
+0.12 (+2.37%)
T-REX 2X LG BMNR DT ETF / BMNU FAQ
What is the technical rating for BMNU stock?
ChartMill assigns a technical rating of 0 / 10 to BMNU.
What is the trend direction for BMNU stock?
The current trend direction for T-REX 2X LG BMNR DT ETF (BMNU) is Bearish.
What is the RSI signal for BMNU stock?
T-REX 2X LG BMNR DT ETF (BMNU) has an RSI value of 43.3531. This indicates that the stock is currently neutral.
Can you provide the short term momentum for T-REX 2X LG BMNR DT ETF?
The short term momentum for T-REX 2X LG BMNR DT ETF (BMNU) is negative.
Can you provide the support and resistance levels for T-REX 2X LG BMNR DT ETF?
T-REX 2X LG BMNR DT ETF (BMNU) has a resistance level at 6.01. Check the full technical report for our detailed analysis of BMNU support and resistance levels.