BIOMEA FUSION INC (BMEA)

US09077A1060 - Common Stock

8.84  -0.2 (-2.21%)

After market: 8.9699 +0.13 (+1.47%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to BMEA. BMEA was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

BMEA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BMEA is lagging the market.
In the last month BMEA has a been trading in the 8.77 - 13.07 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.
BMEA is one of the better performing stocks in the Biotechnology industry, it outperforms 72% of 564 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, BMEA did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Weekly and Daily overview Charts
BMEA Weekly chart
BMEA Daily chart
Setup Rating and Analysis

2

BMEA has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

8.74

12.32

When analyzing the support we notice one important area.

  • A support zone ranging from 8.83 to 8.83. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • Resistance @12.20 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
CRS84.78
Mansfield-2.9
10 Day High12.85
10 Day Low8.77
20 Day High13.07
20 Day Low8.77
52 Week High22.74
52 Week Low3.61
Performance
1 Week-28.77%
2 Weeks-21.35%
1 Month-15.24%
3 Month54.55%
6 Month-17%
12 Month4%
2 Year22.95%
3 Year-26.76%
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)-0.43
RSI(14)37.03
LBB8.79
UBB13.27
BMEA Daily chart

BIOMEA FUSION INC

NASDAQ:BMEA (11/4/2024, 8:00:02 PM)

After market: 8.9699 +0.13 (+1.47%)

8.84

-0.2 (-2.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.21%
1 Week-28.77%
2 Weeks-21.35%
1 Month-15.24%
3 Month54.55%
6 Month-17%
12 Month4%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.89
ATR(20)%11.23%
ATR Inc
Range Today0.49
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 High12.85
10 Day Low8.77
20 Day High13.07
20 Day Low8.77
52 Week High22.74
52 Week Low3.61
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume888.30K
Volume Incr75.3%
Vol(5)1.21M
Vol(50)820.27K