We assign a technical rating of 3 out of 10 to BNMV. 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.
- 100% of all other stocks performed better in the past year than BNMV.
- BNMV is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, of which 93% 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- 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
We found 1 important support area.
- Support @0.62 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important 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. |
0.8552
+0.16 (+22.17%)
BITNILE METAVERSE INC / BNMV FAQ
What is the ChartMill technical rating of BITNILE METAVERSE INC (BNMV) stock?
ChartMill assigns a technical rating of 3 / 10 to BNMV.
What is the current trend direction of BITNILE METAVERSE INC (BNMV) stock?
The current trend direction for BITNILE METAVERSE INC (BNMV) is Bearish.
What is the RSI signal for BNMV stock?
BITNILE METAVERSE INC (BNMV) has an RSI value of 58.4461. This indicates that the stock is currently neutral.
What is the short term momentum for BITNILE METAVERSE INC (BNMV) stock?
The short term momentum for BITNILE METAVERSE INC (BNMV) is neutral.
What are the support and resistance levels for BITNILE METAVERSE INC (BNMV) stock?
BITNILE METAVERSE INC (BNMV) has a support level at 0.62 and a resistance level at 0.93. Check the full technical report for our detailed analysis of BNMV support and resistance levels.