BOSTON OMAHA CORP-CL A (BOMN) Technical Analysis
NYSE:BOMN
Current stock price
BOMN Technical Rating and Analysis
Taking everything into account, BOMN scores 1 out of 10 in our technical rating. BOMN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, BOMN is a bad performer in the overall market: 83% of all stocks are doing better.
- BOMN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- BOMN is an average performer in the Media industry, it outperforms 44% of 90 stocks in the same industry.
- In the last month BOMN has a been trading in the 23.85 - 27.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
BOMN Weekly and Daily overview Charts
BOMN Setup Rating and Analysis
Although the technical rating is bad, BOMN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 25.73, a Stop Loss order could be placed below this zone.
More info and screens
BOMN Support and Resistance Analysis
24.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.56 to 25.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.15 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @26.52 from a trend line in the daily time frame.
- A resistance zone ranging from 26.99 to 27.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @29.29 from a horizontal line in the daily time frame.
- Resistance @39.88 from a trend line in the weekly time frame.
BOMN 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BOMN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BOMN is neutral. |
| ChartMill Relative Strength | 17.64 | NEGATIVE | BOMN has a low relative strength, it was outperformed by 82.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BOMN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BOMN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BOMN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.32 | NEUTRAL | The RSI value for BOMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests BOMN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.96 | NEUTRAL | The Stochastics value for BOMN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for BOMN suggests some volalility. |
BOMN Chart- and CandleStick Pattern Analysis
BOMN Technicals: Chart, Performance Metrics, Trend & Indicators
25.76
-0.32 (-1.23%)
BOSTON OMAHA CORP-CL A / BOMN TA FAQ
What is the technical rating for BOMN stock?
ChartMill assigns a technical rating of 1 / 10 to BOMN.
What is the trend direction for BOMN stock?
The current trend direction for BOSTON OMAHA CORP-CL A (BOMN) is Bearish.
Can you provide the RSI signal for BOSTON OMAHA CORP-CL A?
BOSTON OMAHA CORP-CL A (BOMN) has an RSI value of 45.3209. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for BOSTON OMAHA CORP-CL A?
BOSTON OMAHA CORP-CL A (BOMN) has a support level at 25.73 and a resistance level at 26.52. Check the full technical report for our detailed analysis of BOMN support and resistance levels.