BIOREM INC (BRM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:BRM - CA09068G1046 - Common Stock
We assign a technical rating of 8 out of 10 to BRM. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BRM is only an average performer.
BRM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for BRM in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.84
When analyzing the support we can see 5 important areas.
- A support zone ranging from 2.59 to 2.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.50 to 2.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.03 from a horizontal line in the daily time frame.
- A support zone ranging from 1.95 to 1.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.86 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.66 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.77 from a horizontal 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 | UP | POSITIVE | The long term trend for BRM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRM.CA is up. |
| ChartMill Relative Strength | 50.72 | NEUTRAL | BRM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.18 | NEUTRAL | The RSI value for BRM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BRM.CA has a negative trend. |
| Stochastics (14,3) | 78.65 | NEUTRAL | The Stochastics value for BRM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for BRM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 34.67 | POSITIVE | The high ADX value value for BRM.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.70 | 2.58 | 0.12 (4.44%) | 22.50% |
| An entry @2.70. This is a Buy Stop order right above the resistance zone. | An exit @2.58. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.12 points, which is 4.44%. | For a 1.00% total portfolio risk, you can invest 22.50% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:BRM (1/2/2026, 7:00:00 PM)
2.65
-0.05 (-1.85%)
BIOREM INC / BRM.CA FAQ
What is the technical rating for BRM stock?
ChartMill assigns a technical rating of 8 / 10 to BRM.CA.
What is the current trend direction of BIOREM INC (BRM.CA) stock?
The current trend direction for BIOREM INC (BRM.CA) is Bullish.
What is the RSI signal for BIOREM INC (BRM.CA) stock?
BIOREM INC (BRM.CA) has an RSI value of 56.1783. This indicates that the stock is currently neutral.
What is the MACD signal for BIOREM INC (BRM.CA) stock?
The MACD indicator for BIOREM INC (BRM.CA) has a value of -0.00988549, indicating a bearish trend.
Can you provide the buy/sell signal for BIOREM INC?
The buy/sell signal for BIOREM INC (BRM.CA) is buy as both the short term and long term trends are positive.