BIOMERICA INC (BMRA) Stock Technical Analysis
NASDAQ:BMRA - Nasdaq - US09061H4065 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BMRA. 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.
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.
79% of all other stocks performed better in the past year than BMRA.
BMRA 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.
In the last month BMRA has a been trading in the 2.88 - 3.78 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
BMRA is an average performer in the Health Care Equipment & Supplies industry, it outperforms 51% of 187 stocks in the same industry.
Although the technical rating is bad, BMRA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 3.02, a Stop Loss order could be placed below this zone.
More info and screens
2.18
5.71
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.02 to 3.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.20 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- Resistance @3.05 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.21 to 3.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.40 to 3.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.25 from a trend line in the weekly time frame.
- Resistance @5.65 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for BMRA is neutral. |
| ChartMill Relative Strength | 21.35 | NEGATIVE | BMRA has a low relative strength, it was outperformed by 78.65% 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) | UP | MIXED | The current price of BMRA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.79 | NEUTRAL | The RSI value for BMRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BMRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.59 | NEUTRAL | The Stochastics value for BMRA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.53 | HIGH VOLATILITY | The high ATR as a percentage value for BMRA suggests high volalility. |
| Average Directional Index/ADX (14) | 15 | NEGATIVE | The low ADX value for BMRA suggests a weak or negative 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)
NASDAQ:BMRA (7/15/2025, 10:24:53 AM)
3.04
+0.01 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.33%
1 Week-10.88%
2 Weeks-3.81%
1 Month-8.73%
3 Month-21.11%
6 Month-40.82%
12 Month13.88%
2 Year-71.31%
3 Year-86.33%
5 Year-95.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%7.53%
ATR Inc27.67%
Range Today0.04
ADR(20)0.22
ADR(20)%7.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.35
Mansfield-1.88
10 Day High3.78
10 Day Low2.95
20 Day High3.78
20 Day Low2.88
52 Week High10.16
52 Week Low1.93
CS1 End3.02
CR1 Start3.05
Volume & EV
DER(3)1.5%
DER(5)-1.01%
Volume8.25K
Volume Incr188.79%
Vol(5)134.00K
Vol(50)48.50K