BIOMERICA INC (BMRA) Stock Technical Analysis
NASDAQ:BMRA - Nasdaq - US09061H4065 - Common Stock - Currency: USD
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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
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 part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 72% are performing better 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 3.00 - 3.70 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.
Although the technical rating is bad, BMRA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.18
5.66
When analyzing the support we can see 3 important areas.
- Support @3.13 from a trend line in the daily time frame.
- A support zone ranging from 3.04 to 3.04. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.35 to 3.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.60 from a trend line in the weekly 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 | 8.6 | NEGATIVE | BMRA has a low relative strength, it was outperformed by 91.4% 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) | 45.59 | NEUTRAL | The RSI value for BMRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BMRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.95 | NEUTRAL | The Stochastics value for BMRA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for BMRA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.43 | 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 (6/12/2025, 5:58:33 PM)
3.32
-0.11 (-3.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-3.21%
1 Week2.47%
2 Weeks5.06%
1 Month-5.14%
3 Month-33.23%
6 Month32.25%
12 Month-28.08%
2 Year-69.49%
3 Year-85.64%
5 Year-94.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%6.61%
ATR Inc-10.69%
Range Today0.25
ADR(20)0.21
ADR(20)%6.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.6
Mansfield-0.91
10 Day High3.62
10 Day Low3.01
20 Day High3.7
20 Day Low3
52 Week High10.16
52 Week Low1.93
CS1 End3.13
CR1 Start3.35
Volume & EV
DER(3)-4.04%
DER(5)-0.53%
Volume8.75K
Volume Incr-45.25%
Vol(5)17.93K
Vol(50)86.67K