BIOMERICA INC (BMRA) Technical Analysis
NASDAQ:BMRA • US09061H4065
Taking everything into account, BMRA scores 0 out of 10 in our technical rating. BMRA 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, BMRA is a bad performer in the overall market: 93% of all stocks are doing better.
- BMRA is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 71% of 184 stocks in the same industry do better.
- BMRA is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BMRA is lagging the market.
- In the last month BMRA has a been trading in the 1.87 - 2.44 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
The technical rating of BMRA is bad and it also does not present a quality setup 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
1.90
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.04 to 2.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.33 to 2.34. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @2.46 from a trend line in the daily time frame.
- Resistance @2.64 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 BMRA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BMRA is down. |
| ChartMill Relative Strength | 7.73 | NEGATIVE | BMRA has a low relative strength, it was outperformed by 92.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BMRA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BMRA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BMRA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.58 | OVERSOLD | The low RSI value suggests BMRA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BMRA has a negative trend. |
| Stochastics (14,3) | 23.73 | NEUTRAL | The Stochastics value for BMRA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.71 | HIGH VOLATILITY | The high ATR as a percentage value for BMRA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.43 | POSITIVE | The high ADX value value for BMRA suggests a strong trend. |
BMRA Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:BMRA (3/6/2026, 8:03:08 PM)
1.92
-0.05 (-2.54%)
BIOMERICA INC / BMRA FAQ
Can you provide the ChartMill technical rating for BIOMERICA INC?
ChartMill assigns a technical rating of 0 / 10 to BMRA.
What is the trend direction for BMRA stock?
The current trend direction for BIOMERICA INC (BMRA) is Bearish.
Can you provide the RSI signal for BIOMERICA INC?
BIOMERICA INC (BMRA) has an RSI value of 29.5827. This indicates that the stock is currently oversold.
What is the short term momentum for BMRA stock?
The short term momentum for BIOMERICA INC (BMRA) is negative.
What is the support and resistance level for BMRA stock?
BIOMERICA INC (BMRA) has a resistance level at 2.04. Check the full technical report for our detailed analysis of BMRA support and resistance levels.