BIOMERICA INC (BMRA) Stock Technical Analysis
NASDAQ:BMRA - Nasdaq - US09061H4065 - Common Stock - Currency: USD
Taking everything into account, BMRA scores 1 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.
91% of all other stocks performed better in the past year than BMRA.
BMRA is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 71% of 189 stocks in the same industry do better.
BMRA 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 BMRA is lagging the market.
In the last month BMRA has a been trading in the 3.26 - 4.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BMRA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.63, 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
2.18
5.87
We found 4 important support areas.
- A support zone ranging from 3.56 to 3.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.43 from a trend line in the daily time frame.
- Support @3.29 from a horizontal line in the daily time frame.
- Support @2.20 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.65 to 3.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.81 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.71
Mansfield-0.16
10 Day High3.95
10 Day Low3.26
20 Day High4.21
20 Day Low3.26
52 Week High10.16
52 Week Low1.93
Performance
1 Week4.16%
2 Weeks10.3%
1 Month8.66%
3 Month-45.77%
6 Month44.9%
12 Month-27.32%
2 Year-66.79%
3 Year-87%
5 Year-92.97%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)46.1
LBB3.36
UBB3.73
3.64
+0.04 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.11%
1 Week4.16%
2 Weeks10.3%
1 Month8.66%
3 Month-45.77%
6 Month44.9%
12 Month-27.32%
2 Year-66.79%
3 Year-87%
5 Year-92.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%8.01%
ATR Inc-64.71%
Range Today0.06
ADR(20)0.29
ADR(20)%7.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.71
Mansfield-0.16
10 Day High3.95
10 Day Low3.26
20 Day High4.21
20 Day Low3.26
52 Week High10.16
52 Week Low1.93
CS1 End3.63
CR1 Start3.65
Volume & EV
DER(3)0.45%
DER(5)4.25%
Volume3.70K
Volume Incr-90.19%
Vol(5)12.67K
Vol(50)132.15K