BITNILE METAVERSE INC (BNMV) Stock Technical Analysis
NASDAQ:BNMV - Nasdaq - US27888N4060 - Common Stock - Currency: USD
Overall BNMV gets a technical rating of 3 out of 10. In the past year, BNMV was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, BNMV is a bad performer in the overall market: 100% of all stocks are doing better.
BNMV is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 91% are performing better than BNMV.
In the last month BNMV has a been trading in the 0.56 - 0.93 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of BNMV is bad and it also does not present a quality setup 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.
More info and screens
0.61
1.07
When analyzing the support we notice one important area.
- Support @0.62 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.93 to 0.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.06 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 | NEUTRAL | NEUTRAL | The long term trend for BNMV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BNMV is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | BNMV has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNMV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNMV is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 58.45 | NEUTRAL | The RSI value for BNMV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BNMV has a positive trend. |
| Stochastics (14,3) | 63.23 | NEUTRAL | The Stochastics value for BNMV is a neutral value. |
| Average True Range in percent/ATR (20) | 11.61 | HIGH VOLATILITY | The high ATR as a percentage value for BNMV suggests high volalility. |
| Average Directional Index/ADX (14) | 14.18 | NEGATIVE | The low ADX value for BNMV 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)
0.8552
+0.16 (+22.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg22.17%
1 Week44.46%
2 Weeks20.45%
1 Month4.28%
3 Month22.17%
6 Month1121.71%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%11.61%
ATR Inc121.76%
Range Today0.23
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.93
10 Day Low0.56
20 Day High0.93
20 Day Low0.56
52 Week HighN/A
52 Week LowN/A
CS1 End0.62
CR1 Start0.93
Volume & EV
DER(3)-13.53%
DER(5)-15.14%
Volume320.50K
Volume Incr503.82%
Vol(5)126.56K
Vol(50)72.81K