BEAMR IMAGING LTD (BMR) Technical Analysis
NASDAQ:BMR • IL0011832438
We assign a technical rating of 1 out of 10 to BMR. BMR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 88% of all other stocks performed better in the past year than BMR.
- BMR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BMR is lagging the market.
- In the last month BMR has a been trading in the 1.58 - 1.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- BMR is part of the Software industry. There are 277 other stocks in this industry, BMR did better than 46% of them.
- Considerably lower volume is observed in the last couple of days.
BMR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.72, a Stop Loss order could be placed below this zone.
More info and screens
1.61
3 important support areas can be observed.
- A support zone ranging from 1.71 to 1.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.67 from a trend line in the daily time frame.
- A support zone ranging from 1.63 to 1.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.82 to 1.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.87 to 1.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.90 to 1.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BMR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BMR is neutral. |
| ChartMill Relative Strength | 12.35 | NEGATIVE | BMR has a low relative strength, it was outperformed by 87.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BMR is above the rising 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) | DOWN | NEGATIVE | The current price of BMR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.51 | NEUTRAL | The RSI value for BMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BMR has a positive trend. |
| Stochastics (14,3) | 40.63 | NEUTRAL | The Stochastics value for BMR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.97 | HIGH VOLATILITY | The high ATR as a percentage value for BMR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.49 | NEGATIVE | The low ADX value for BMR suggests a weak or negative trend. |
BMR Technicals: Chart, Performance Metrics, Trend & Indicators
1.73
+0.03 (+1.76%)
BEAMR IMAGING LTD / BMR FAQ
What is the technical rating for BMR stock?
ChartMill assigns a technical rating of 1 / 10 to BMR.
What is the trend direction for BMR stock?
The current trend direction for BEAMR IMAGING LTD (BMR) is Bearish.
What is the RSI signal for BEAMR IMAGING LTD (BMR) stock?
BEAMR IMAGING LTD (BMR) has an RSI value of 47.5121. This indicates that the stock is currently neutral.
What is the MACD signal for BMR stock?
The MACD indicator for BEAMR IMAGING LTD (BMR) has a value of 0.00771791, indicating a bearish trend.
What are the support and resistance levels for BEAMR IMAGING LTD (BMR) stock?
BEAMR IMAGING LTD (BMR) has a support level at 1.72 and a resistance level at 1.82. Check the full technical report for our detailed analysis of BMR support and resistance levels.