BM TECHNOLOGIES INC (BMTX)

US05591L1070 - Common Stock

1.69  -0.06 (-3.43%)

Technical Rating and Analysis

1

Overall BMTX gets a technical rating of 1 out of 10. BMTX'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.

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.
When comparing the yearly performance of all stocks, BMTX is a bad performer in the overall market: 91% of all stocks are doing better.
BMTX is part of the Financial Services industry. There are 102 other stocks in this industry, of which 84% are performing better than BMTX.
BMTX 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 BMTX is lagging the market.
Warning: BMTX has an average volume of 10509 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BMTX has a been trading in the 1.45 - 1.78 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
BMTX Weekly chart
BMTX Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, BMTX does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for BMTX 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.
Support and Resistance Analysis

1.45

2.73

When analyzing the support we notice one important area.

  • A support zone ranging from 1.46 to 1.48. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 1.74 to 1.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.94 from a trend line in the weekly time frame.
  • Resistance @2.70 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.86
Mansfield-3.52
10 Day High1.78
10 Day Low1.45
20 Day High1.78
20 Day Low1.45
52 Week High3.85
52 Week Low1.41
Performance
1 Week15.75%
2 Weeks15.75%
1 Month6.29%
3 Month-20.66%
6 Month-31.58%
12 Month-40.07%
2 Year-74.36%
3 Year-86.85%
5 YearN/A
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)0.03
RSI(14)55.36
LBB1.38
UBB1.73
BMTX Daily chart

BM TECHNOLOGIES INC

NYSEARCA:BMTX (5/2/2024, 5:40:01 PM)

1.69

-0.06 (-3.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-3.43%
1 Week15.75%
2 Weeks15.75%
1 Month6.29%
3 Month-20.66%
6 Month-31.58%
12 Month-40.07%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.15
ATR(20)%7.67%
ATR Inc
Range Today0.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.78
10 Day Low1.45
20 Day High1.78
20 Day Low1.45
52 Week High3.85
52 Week Low1.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.45K
Volume Incr-21.42%
Vol(5)8.09K
Vol(50)10.51K