NUBURU INC (BURU) Technical Analysis
NYSEARCA:BURU • US67021W3016
Current stock price
BURU Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BURU. BURU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BURU is a bad performer in the overall market: 100% of all stocks are doing better.
- BURU is one of the lesser performing stocks in the Machinery industry. 94% of 131 stocks in the same industry do better.
- 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 - 0.76 range, which is quite wide. It is currently trading near the lows of this range.
- BURU has an average volume of 38483600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
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
0.19
2 important resistance areas can be observed.
- A resistance zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.31 to 0.31. 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 | 0.87 | NEGATIVE | BURU has a low relative strength, it was outperformed by 99.13% 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) | 26.4 | 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) | 11.47 | OVERSOLD | The low Stochastics value suggests BURU may be oversold. |
| Average True Range in percent/ATR (20) | 34.41 | HIGH VOLATILITY | The high ATR as a percentage value for BURU suggests high volalility. |
| Average Directional Index/ADX (14) | 46.91 | 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
0.1869
-0.02 (-9.23%)
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 26.4019. 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 0.010031, 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.