NUBURU INC (BURU) Stock Technical Analysis
NYSEARCA:BURU - NYSE Arca - US67021W3016 - Common Stock - Currency: USD
Taking everything into account, BURU scores 9 out of 10 in our technical rating. In the last year, BURU was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
BURU 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, BURU did better than 97% of all other stocks.
BURU is one of the better performing stocks in the Machinery industry, it outperforms 95% of 128 stocks in the same industry.
BURU has an average volume of 28600200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BURU has a been trading in the 0.28 - 0.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, BURU also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
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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 BURU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BURU is up. |
| ChartMill Relative Strength | 97.02 | POSITIVE | BURU has a high relative strength, it outperformed 97.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BURU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BURU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BURU is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.23 | NEUTRAL | The RSI value for BURU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BURU has a positive trend. |
| Stochastics (14,3) | 44.11 | NEUTRAL | The Stochastics value for BURU is a neutral value. |
| Average True Range in percent/ATR (20) | 16.81 | HIGH VOLATILITY | The high ATR as a percentage value for BURU suggests high volalility. |
| Average Directional Index/ADX (14) | 49.22 | POSITIVE | The high ADX value value for BURU suggests a strong 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)
0.3995
+0.01 (+1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.45%
1 Week18.86%
2 Weeks24.8%
1 Month30.98%
3 Month135%
6 Month-42.73%
12 Month86.68%
2 Year-40.9%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%16.81%
ATR Inc9.55%
Range Today0.03
ADR(20)0.07
ADR(20)%16.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.02
Mansfield-3.07
10 Day High0.5
10 Day Low0.3
20 Day High0.5
20 Day Low0.28
52 Week High4.45
52 Week Low0.09
CS1 End0.3
CR1 Start0.34
Volume & EV
DER(3)1.39%
DER(5)0.38%
Volume7.59M
Volume Incr-39.99%
Vol(5)33.94M
Vol(50)28.60M