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. Recently some decent action could be observed, but in the medium term time frame this is still negative. BMR was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, BMR is a bad performer in the overall market: 77% of all stocks are doing better.
BMR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BMR is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BMR is an average performer in the Software industry, it outperforms 40% of 284 stocks in the same industry.
In the last month BMR has a been trading in the 2.54 - 4.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BMR has an average technical rating and also the quality of the setup is only medium 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
2.23
4.79
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.02 to 3.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.25 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @3.24 from a horizontal line in the weekly time frame.
- Resistance @4.01 from a trend line in the daily time frame.
- Resistance @4.20 from a horizontal line in the daily time frame.
- Resistance @4.74 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 | UP | POSITIVE | The short term trend for BMR is up. |
| ChartMill Relative Strength | 23.82 | NEGATIVE | BMR has a low relative strength, it was outperformed by 76.18% 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) | UP | POSITIVE | The current price of BMR is above the rising 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) | 51.5 | NEUTRAL | The RSI value for BMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BMR has a negative trend. |
| Stochastics (14,3) | 22 | NEUTRAL | The Stochastics value for BMR is a neutral value. |
| Average True Range in percent/ATR (20) | 9.56 | HIGH VOLATILITY | The high ATR as a percentage value for BMR suggests high volalility. |
| Average Directional Index/ADX (14) | 37.62 | 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)
3.11
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week-23.96%
2 Weeks-2.81%
1 Month13.92%
3 Month22.92%
6 Month-22.25%
12 Month-40.08%
2 Year10.28%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%9.56%
ATR Inc-19.6%
Range Today0.19
ADR(20)0.27
ADR(20)%8.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.82
Mansfield-1.31
10 Day High4.32
10 Day Low2.88
20 Day High4.32
20 Day Low2.54
52 Week High6.59
52 Week Low1.86
CS1 End3.1
CR1 Start3.24
Volume & EV
DER(3)3.73%
DER(5)0.11%
Volume114.70K
Volume Incr-67.64%
Vol(5)304.68K
Vol(50)444.67K