Overall BMRA gets a technical rating of 1 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.
BMRA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2.33, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.18
2 important support areas can be observed.
- A support zone ranging from 2.30 to 2.33. 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.66 to 2.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.90 from a trend line in the daily time frame.
- Resistance @3.48 from a trend line in the daily time frame.
- Resistance @3.66 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 | 37.69 | NEUTRAL | BMRA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BMRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BMRA is above 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) | 60.12 | NEUTRAL | The RSI value for BMRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BMRA has a positive trend. |
| Stochastics (14,3) | 50.57 | NEUTRAL | The Stochastics value for BMRA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for BMRA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.72 | POSITIVE | The high ADX value value for BMRA suggests a strong trend. |
2.65
+0.03 (+1.15%)
BIOMERICA INC / BMRA FAQ
What is the technical rating for BMRA stock?
ChartMill assigns a technical rating of 1 / 10 to BMRA.
What is the current trend direction of BIOMERICA INC (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 60.1158. This indicates that the stock is currently neutral.
What is the MACD signal for BIOMERICA INC (BMRA) stock?
The MACD indicator for BIOMERICA INC (BMRA) has a value of 0.0298782, indicating a bearish trend.
Can you provide the support and resistance levels for BIOMERICA INC?
BIOMERICA INC (BMRA) has a support level at 2.33 and a resistance level at 2.66. Check the full technical report for our detailed analysis of BMRA support and resistance levels.