BIOREM INC (BRM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:BRM - CA09068G1046 - Common Stock
Overall BRM gets a technical rating of 3 out of 10. In the last year, BRM was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
- 65% of all other stocks performed better in the past year than BRM.
- BRM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: BRM has an average volume of 26991 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- BRM is an average performer in the Commercial Services & Supplies industry, it outperforms 52% of 24 stocks in the same industry.
- BRM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRM is lagging the market.
Although the technical rating is bad, BRM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.34, a Stop Loss order could be placed below this zone.
More info and screens
1.84
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.34 to 2.34. 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 1.97 to 1.99. 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.37 to 2.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.69 from a horizontal line in the weekly time frame.
- Resistance @2.76 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 | DOWN | NEGATIVE | The short term trend for BRM.CA is down. |
| ChartMill Relative Strength | 35.91 | NEUTRAL | BRM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BRM.CA is below 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) | 38.67 | NEUTRAL | The RSI value for BRM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BRM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.98 | NEUTRAL | The Stochastics value for BRM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for BRM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 36.55 | POSITIVE | The high ADX value value for BRM.CA suggests a strong trend. |
TSX-V:BRM (1/27/2026, 7:00:00 PM)
2.35
-0.02 (-0.84%)
BIOREM INC / BRM.CA FAQ
What is the technical rating for BRM stock?
ChartMill assigns a technical rating of 3 / 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 38.6727. 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 -0.0166537, indicating a bearish trend.
Can you provide the buy/sell signal for BIOREM INC?
The buy/sell signal for BIOREM INC (BRM.CA) is hold as the short term and long term trends are mixed.