Logo image of BMI

BADGER METER INC (BMI) Stock Technical Analysis

NYSE:BMI - New York Stock Exchange, Inc. - US0565251081 - Common Stock

219.41  +4.24 (+1.97%)

After market: 219.41 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to BMI. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, BMI did better than 86% of all other stocks. On top of that, BMI also shows a nice and consistent pattern of rising prices.
BMI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BMI is lagging the market slightly.
In the last month BMI has a been trading in the 198.40 - 224.20 range, which is quite wide. It is currently trading near the high of this range.
BMI is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, BMI did better than 68% of them.
Weekly and Daily overview Charts
BADGER METER INC / BMI Weekly stock chart
BADGER METER INC / BMI Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, BMI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 215.21, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

138.68

228.58

We found 5 important support areas.

  • A support zone ranging from 206.70 to 215.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 195.87 to 198.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @182.52 from a horizontal line in the daily time frame.
  • Support @176.03 from a trend line in the weekly time frame.
  • Support @140.08 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 226.20 to 226.32. This zone is formed by a combination of multiple trend lines in the weekly 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
CRS86.87
Mansfield0.36
10 Day High219.5
10 Day Low198.4
20 Day High224.2
20 Day Low198.4
52 Week High239.11
52 Week Low139.5
Performance
1 Week6.14%
2 Weeks2.83%
1 Month-0.02%
3 Month8.6%
6 Month6.36%
12 Month52.61%
2 Year89.31%
3 Year116.87%
5 Year271.5%
10 Year633.08%
15 Year1061.21%
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)0.61
RSI(14)55.43
LBB206.54
UBB218.86
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
226.33198.3927.94 (12.34%)8.10%
An entry @226.33. This is a Buy Stop order right above the resistance zone.An exit @198.39. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 27.94 points, which is 12.34%.When investing 8.10% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BADGER METER INC / BMI Daily stock chart

BADGER METER INC

NYSE:BMI (1/21/2025, 8:04:00 PM)

After market: 219.41 0 (0%)

219.41

+4.24 (+1.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.97%
1 Week6.14%
2 Weeks2.83%
1 Month-0.02%
3 Month8.6%
6 Month6.36%
12 Month52.61%
2 Year89.31%
3 Year116.87%
5 Year271.5%
10 Year633.08%
15 Year1061.21%
Volatility
ATR(14)5.08
ATR(20)%2.48%
ATR Inc-32.73%
Range Today3.95
ADR(20)5.15
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.87
Mansfield0.36
10 Day High219.5
10 Day Low198.4
20 Day High224.2
20 Day Low198.4
52 Week High239.11
52 Week Low139.5
CS1 End215.21
CR1 Start226.2
Volume & EV
DER(3)-0.58%
DER(5)-0.64%
Volume135.10K
Volume Incr-14.89%
Vol(5)162.58K
Vol(50)193.31K