NUBURU INC (BURU) Technical Analysis
NYSEARCA:BURU • US67021W3016
Current stock price
BURU Technical Rating and Analysis
Overall BURU gets a technical rating of 0 out of 10. BURU'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 negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than BURU.
- BURU is part of the Machinery industry. There are 131 other stocks in this industry, of which 92% are performing better than BURU.
- BURU is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BURU is lagging the market.
- In the last month BURU has a been trading in the 0.17 - 0.79 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- BURU has an average volume of 38157500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BURU Weekly and Daily overview Charts
BURU Setup Rating and Analysis
The technical rating of BURU is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BURU Support and Resistance Analysis
0.20
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
BURU 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 BURU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BURU is down. |
| ChartMill Relative Strength | 1.16 | NEGATIVE | BURU has a low relative strength, it was outperformed by 98.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BURU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BURU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BURU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.43 | OVERSOLD | The low RSI value suggests BURU may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BURU has a positive trend. |
| Stochastics (14,3) | 10.05 | OVERSOLD | The low Stochastics value suggests BURU may be oversold. |
| Average True Range in percent/ATR (20) | 32.03 | HIGH VOLATILITY | The high ATR as a percentage value for BURU suggests high volalility. |
| Average Directional Index/ADX (14) | 46.54 | POSITIVE | The high ADX value value for BURU suggests a strong trend. |
BURU Chart- and CandleStick Pattern Analysis
BURU Technicals: Chart, Performance Metrics, Trend & Indicators
0.2059
+0.03 (+16.39%)
NUBURU INC / BURU TA FAQ
What is the technical rating for BURU stock?
ChartMill assigns a technical rating of 0 / 10 to BURU.
What is the current trend direction of NUBURU INC (BURU) stock?
The current trend direction for NUBURU INC (BURU) is Bearish.
What is the RSI signal for NUBURU INC (BURU) stock?
NUBURU INC (BURU) has an RSI value of 27.4332. This indicates that the stock is currently oversold.
Can you provide the MACD signal for NUBURU INC?
The MACD indicator for NUBURU INC (BURU) has a value of 0.00646789, indicating a bearish trend.
What is the buy/sell signal for NUBURU INC (BURU) stock?
The buy/sell signal for NUBURU INC (BURU) is sell as both the short term and long term trends are negative.