NYSEARCA:BMAR - NYSE Arca - US45782C3916 - ETF - Currency: USD
Overall BMAR gets a technical rating of 3 out of 10. Although BMAR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, BMAR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 45.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.02, a Stop Loss order could be placed below this zone.
41.13
2 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
NYSEARCA:BMAR (4/28/2025, 4:10:04 PM)
45.0819
+0.04 (+0.08%)