We assign a technical rating of 0 out of 10 to BURU. 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.
BURU has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.20. Right above this resistance zone may be a good entry point.
More info and screens
0.16
When analyzing the support we notice one important area.
- Support @0.16 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.21 from a horizontal line in the daily time frame.
- Resistance @0.33 from a trend line in the weekly time frame.
- Resistance @0.40 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 | 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 | 3.21 | NEGATIVE | BURU has a low relative strength, it was outperformed by 96.79% 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) | 44.55 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 57.33 | NEUTRAL | The Stochastics value for BURU is a neutral value. |
| Average True Range in percent/ATR (20) | 9.09 | HIGH VOLATILITY | The high ATR as a percentage value for BURU suggests high volalility. |
| Average Directional Index/ADX (14) | 9.83 | NEGATIVE | The low ADX value for BURU suggests a weak or negative trend. |
0.1911
-0.01 (-4.45%)
NUBURU INC / BURU 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 44.5528. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NUBURU INC?
The MACD indicator for NUBURU INC (BURU) has a value of 0.00327034, 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.