BGM GROUP LTD (BGM) Stock Technical Analysis
NASDAQ:BGM - Nasdaq - KYG7307E1237 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to BGM. In the last year, BGM was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
100% of all other stocks performed better in the past year than BGM.
BGM is one of the lesser performing stocks in the Pharmaceuticals industry. 91% of 192 stocks in the same industry do better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month BGM has a been trading in the 8.60 - 12.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BGM has an average technical rating and it also does not offer a high 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
6.23
10.85
When analyzing the support we can see 5 important areas.
- A support zone ranging from 9.85 to 10.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.19 to 9.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.45 from a horizontal line in the daily time frame.
- Support @7.59 from a trend line in the daily time frame.
- Support @6.29 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @10.74 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High11.33
10 Day Low8.6
20 Day High12.16
20 Day Low8.6
52 Week HighN/A
52 Week LowN/A
Performance
1 Week13.19%
2 Weeks9.38%
1 Month-5.88%
3 Month26.38%
6 Month67.13%
12 MonthN/A
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)0.04
RSI(14)58.24
LBB9.1
UBB10.71
NASDAQ:BGM (3/7/2025, 8:07:24 PM)
10.73
+0.14 (+1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.37%
1 Week13.19%
2 Weeks9.38%
1 Month-5.88%
3 Month26.38%
6 Month67.13%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%6.85%
ATR Inc140.62%
Range Today1.18
ADR(20)0.69
ADR(20)%6.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High11.33
10 Day Low8.6
20 Day High12.16
20 Day Low8.6
52 Week HighN/A
52 Week LowN/A
CS1 End10.03
CR1 Start10.74
Volume & EV
DER(3)2.75%
DER(5)1.93%
Volume12.10K
Volume Incr2.81%
Vol(5)10.60K
Vol(50)32.15K