Logo image of BMTX

BM TECHNOLOGIES INC (BMTX) Stock Technical Analysis

NYSEARCA:BMTX - NYSE Arca - US05591L1070 - Common Stock - Currency: USD

5  0 (0%)

After market: 4.9902 -0.01 (-0.2%)

Technical Rating and Analysis

10

Taking everything into account, BMTX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BMTX has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BMTX is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by BMTX over the past year are nicely spread over this period.
BMTX is one of the better performing stocks in the Financial Services industry, it outperforms 94% of 100 stocks in the same industry.
BMTX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BMTX has a been trading in the 4.84 - 5.16 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Weekly and Daily overview Charts
BM TECHNOLOGIES INC / BMTX Weekly stock chart
BM TECHNOLOGIES INC / BMTX Daily stock chart
Setup Rating and Analysis

3

Although BMTX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

3.92

5.06

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 4.65 to 4.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @3.96 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 5.01 to 5.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for BMTX is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for BMTX is up.
ChartMill Relative Strength95.39POSITIVEBMTX has a high relative strength, it outperformed 95.39% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of BMTX is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BMTX is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BMTX is above the rising SMA(200).
Relative Strength Index/RSI (14)72.53OVERBOUGHTThe high RSI value suggests BMTX may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests BMTX has a negative trend.
Stochastics (14,3)80.95OVERBOUGHTThe high Stochastics value suggests BMTX may be overbought.
Average True Range in percent/ATR (20)1LOW VOLATILITYThe low ATR as a percentage value for BMTX suggests low volalility.
Average Directional Index/ADX (14)57.74POSITIVEThe high ADX value value for BMTX suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
BM TECHNOLOGIES INC / BMTX Daily stock chart

BM TECHNOLOGIES INC

NYSEARCA:BMTX (1/31/2025, 8:14:08 PM)

After market: 4.9902 -0.01 (-0.2%)

5

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0%
1 Week0.2%
2 Weeks0.81%
1 Month2.25%
3 Month5.26%
6 Month90.84%
12 Month134.74%
2 Year10.62%
3 Year-47.03%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%1%
ATR Inc121.05%
Range Today0.17
ADR(20)0.05
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.39
Mansfield4.82
10 Day High5.16
10 Day Low4.97
20 Day High5.16
20 Day Low4.84
52 Week High5.16
52 Week Low1.45
CS1 End4.75
CR1 Start5.01
Volume & EV
DER(3)-4.18%
DER(5)-4.46%
Volume128.50K
Volume Incr-65.2%
Vol(5)134.08K
Vol(50)260.86K