BIOMERICA INC (BMRA) Technical Analysis
NASDAQ:BMRA • US09061H4065
Current stock price
BMRA Technical Rating and Analysis
Overall BMRA gets a technical rating of 0 out of 10. BMRA'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.
- When comparing the yearly performance of all stocks, BMRA is a bad performer in the overall market: 92% of all stocks are doing better.
- BMRA is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 66% of 188 stocks in the same industry do better.
- BMRA 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 BMRA is lagging the market.
- Warning: BMRA has an average volume of 21478 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month BMRA has a been trading in the 1.95 - 2.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
BMRA Weekly and Daily overview Charts
BMRA Setup Rating and Analysis
Although the technical rating is bad, BMRA 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 2.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BMRA 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
BMRA Support and Resistance Analysis
2.03
2 important support areas can be observed.
- A support zone ranging from 2.11 to 2.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.05 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.17 to 2.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BMRA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for BMRA is neutral. |
| ChartMill Relative Strength | 8.89 | NEGATIVE | BMRA has a low relative strength, it was outperformed by 91.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BMRA is above 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) | 51.96 | NEUTRAL | The RSI value for BMRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BMRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.54 | NEUTRAL | The Stochastics value for BMRA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.68 | HIGH VOLATILITY | The high ATR as a percentage value for BMRA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.41 | NEUTRAL | The ADX value for BMRA suggests a possible start of a new trend. |
BMRA Chart- and CandleStick Pattern Analysis
BMRA Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:BMRA (4/7/2026, 9:20:30 PM)
2.16
-0.01 (-0.46%)
BIOMERICA INC / BMRA TA 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.
What is the RSI signal for BMRA stock?
BIOMERICA INC (BMRA) has an RSI value of 51.9572. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for BIOMERICA INC?
BIOMERICA INC (BMRA) has a support level at 2.15 and a resistance level at 2.17. Check the full technical report for our detailed analysis of BMRA support and resistance levels.