BEAMR IMAGING LTD (BMR) Stock Technical Analysis
NASDAQ:BMR - Nasdaq - IL0011832438 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to BMR. BMR has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
BMR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BMR has a been trading in the 2.83 - 4.32 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, BMR turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
BMR is an average performer in the Software industry, it outperforms 41% of 282 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, BMR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.19. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BMR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.26
4.75
3 important support areas can be observed.
- A support zone ranging from 3.10 to 3.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.02 to 3.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.28 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 3.19 to 3.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.91 from a trend line in the daily time frame.
- Resistance @4.20 from a horizontal line in the daily time frame.
- Resistance @4.70 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for BMR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BMR is neutral. |
| ChartMill Relative Strength | 42.82 | NEUTRAL | BMR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BMR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BMR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BMR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.27 | NEUTRAL | The RSI value for BMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.48 | OVERSOLD | The low Stochastics value suggests BMR may be oversold. |
| Average True Range in percent/ATR (20) | 9.65 | HIGH VOLATILITY | The high ATR as a percentage value for BMR suggests high volalility. |
| Average Directional Index/ADX (14) | 29.33 | POSITIVE | The high ADX value value for BMR suggests a strong trend. |
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)
3.155
+0.05 (+1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.77%
1 Week0.16%
2 Weeks-2.32%
1 Month9.17%
3 Month50.24%
6 Month-38.62%
12 Month-42.11%
2 Year11.88%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%9.65%
ATR Inc-63.12%
Range Today0.13
ADR(20)0.28
ADR(20)%8.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.82
Mansfield-1.22
10 Day High3.43
10 Day Low2.88
20 Day High4.32
20 Day Low2.83
52 Week High6.59
52 Week Low1.86
CS1 End3.02
CR1 Start3.19
Volume & EV
DER(3)3.7%
DER(5)1.39%
Volume74.60K
Volume Incr-89.35%
Vol(5)108.00K
Vol(50)449.97K