NYSEARCA:BMAY - NYSE Arca - US45782C3262 - ETF - Currency: USD
Overall BMAY gets a technical rating of 2 out of 10. Although BMAY 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, BMAY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 39.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.47, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BMAY in the last couple of days, which is a good sign.
35.72
We found 1 important support area.
We can see 3 important resistance areas.
NYSEARCA:BMAY (4/28/2025, 4:10:04 PM)
39.108
+0.11 (+0.28%)