BEAMR IMAGING LTD (BMR) Stock Technical Analysis
NASDAQ:BMR - IL0011832438 - Common Stock
3.12 USD
+0.11 (+3.65%)
3.28 USD
+0.16 (+5.13%)
We assign a technical rating of 2 out of 10 to BMR. BMR performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, BMR is a bad performer in the overall market: 64% of all stocks are doing better.
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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BMR is an average performer in the Software industry, it outperforms 52% of 283 stocks in the same industry.
In the last month BMR has a been trading in the 2.68 - 3.85 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, BMR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.36
4.64
4 important support areas can be observed.
- A support zone ranging from 3.04 to 3.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.82 to 2.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.73 from a horizontal line in the daily time frame.
- Support @2.38 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 3.29 to 3.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.58 to 3.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.20 from a horizontal line in the daily time frame.
- Resistance @4.59 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 | 36.83 | NEUTRAL | BMR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BMR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BMR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BMR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.05 | NEUTRAL | The RSI value for BMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BMR has a positive trend. |
| Stochastics (14,3) | 31.34 | NEUTRAL | The Stochastics value for BMR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.27 | HIGH VOLATILITY | The high ATR as a percentage value for BMR suggests high volalility. |
| Average Directional Index/ADX (14) | 24.67 | NEUTRAL | The ADX value for BMR suggests a possible start of a new 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)
3.12
+0.11 (+3.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg3.65%
1 Week2.3%
2 Weeks9.09%
1 Month-9.04%
3 Month18.18%
6 Month7.59%
12 Month-16.13%
2 Year69.57%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%8.27%
ATR Inc-43.44%
Range Today0.22
ADR(20)0.26
ADR(20)%8.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.83
Mansfield-1.08
10 Day High3.85
10 Day Low2.72
20 Day High3.85
20 Day Low2.68
52 Week High6.59
52 Week Low1.86
CS1 End3.08
CR1 Start3.29
Volume & EV
DER(3)-4.32%
DER(5)-4.03%
Volume95.80K
Volume Incr-6.04%
Vol(5)260.66K
Vol(50)230.75K