BIOMERICA INC (BMRA) Stock Technical Analysis
NASDAQ:BMRA • US09061H4065
We assign a technical rating of 0 out of 10 to BMRA. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 92% of all other stocks performed better in the past year than BMRA.
- BMRA is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry, of which 68% are performing better than BMRA.
- BMRA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BMRA has a been trading in the 2.00 - 2.44 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BMRA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.06
When analyzing the resistance we notice 5 important areas.
- Resistance @2.12 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.30 to 2.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.39 to 2.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.51 from a trend line in the daily time frame.
- Resistance @2.67 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 | 8.45 | NEGATIVE | BMRA has a low relative strength, it was outperformed by 91.55% 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) | 36.44 | NEUTRAL | The RSI value for BMRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BMRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.94 | NEUTRAL | The Stochastics value for BMRA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for BMRA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.75 | NEUTRAL | The ADX value for BMRA suggests a possible start of a new trend. |
NASDAQ:BMRA (2/27/2026, 4:30:02 PM)
2.08
+0.03 (+1.46%)
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 36.4444. This indicates that the stock is currently neutral.
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 2.12. Check the full technical report for our detailed analysis of BMRA support and resistance levels.