BIOREM INC (BRM.CA) Stock Technical Analysis
TSX-V:BRM - TSX Venture Exchange - CA09068G1046 - Common Stock - Currency: CAD
Overall BRM gets a technical rating of 1 out of 10. BRM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
79% of all other stocks performed better in the past year than BRM.
BRM is one of the lesser performing stocks in the Commercial Services & Supplies industry. 82% of 24 stocks in the same industry do better.
BRM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BRM is lagging the market.
In the last month BRM has a been trading in the 1.67 - 2.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
BRM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.02. Right above this resistance zone may be a good entry point.
More info and screens
1.74
2.21
2 important support areas can be observed.
- Support @1.84 from a trend line in the weekly time frame.
- A support zone ranging from 1.76 to 1.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.02 to 2.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.19 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 | DOWN | NEGATIVE | The long term trend for BRM.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRM.CA is neutral. |
| ChartMill Relative Strength | 21.78 | NEGATIVE | BRM.CA has a low relative strength, it was outperformed by 78.22% off all stocks 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) | DOWN | NEGATIVE | The current price of BRM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.23 | NEUTRAL | The RSI value for BRM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BRM.CA has a positive trend. |
| Stochastics (14,3) | 47.27 | NEUTRAL | The Stochastics value for BRM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.7 | HIGH VOLATILITY | The high ATR as a percentage value for BRM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.78 | NEUTRAL | The ADX value for BRM.CA suggests a possible start of a new 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)
TSX-V:BRM (6/2/2025, 7:00:00 PM)
2.01
+0.09 (+4.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg4.69%
1 Week-1.95%
2 Weeks-0.99%
1 Month12.92%
3 Month-22.09%
6 Month-33%
12 Month1.52%
2 Year97.06%
3 Year151.25%
5 Year466.2%
10 Year658.49%
15 Year187.14%
Volatility
ATR(14)0.16
ATR(20)%6.7%
ATR Inc-16.19%
Range Today0.13
ADR(20)0.13
ADR(20)%6.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.78
Mansfield-1.96
10 Day High2.1
10 Day Low1.67
20 Day High2.22
20 Day Low1.67
52 Week High3.45
52 Week Low1.67
CS1 End1.84
CR1 Start2.02
Volume & EV
DER(3)0.19%
DER(5)0.31%
Volume46.67K
Volume Incr49.71%
Vol(5)91.16K
Vol(50)57.51K