NUBURU INC (BURU)

US67021W1036 - Common Stock

0.0933  -0.05 (-36.1%)

Technical Rating and Analysis

3

We assign a technical rating of 3 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.

92% of all other stocks performed better in the past year than BURU.
BURU is part of the Machinery industry. There are 130 other stocks in this industry, of which 86% are performing better than BURU.
BURU is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month BURU has a been trading in the 0.11 - 0.39 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 23826800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Weekly and Daily overview Charts
BURU Weekly chart
BURU Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

0.09

0.20

5 important resistance areas can be observed.

  • Resistance @0.14 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.19 from a trend line in the daily time frame.
  • Resistance @0.20 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.23
Mansfield-5.53
10 Day High0.27
10 Day Low0.14
20 Day High0.39
20 Day Low0.11
52 Week High2.15
52 Week Low0.11
Performance
1 Week-17.51%
2 Weeks-19.34%
1 Month11.11%
3 Month1.88%
6 Month-4.2%
12 Month-78.91%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)46.69
LBB0.13
UBB0.2
BURU Daily chart

NUBURU INC

NYSEARCA:BURU (6/13/2024, 8:36:59 AM)

0.0933

-0.05 (-36.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-36.1%
1 Week-17.51%
2 Weeks-19.34%
1 Month11.11%
3 Month1.88%
6 Month-4.2%
12 Month-78.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%40.58%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.27
10 Day Low0.14
20 Day High0.39
20 Day Low0.11
52 Week High2.15
52 Week Low0.11
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume47.72M
Volume Incr23.49%
Vol(5)54.16M
Vol(50)23.83M