BADGER METER INC (BMI)

US0565251081 - Common Stock

219.23  +2.48 (+1.14%)

After market: 219.23 0 (0%)

Technical Rating and Analysis

9

Taking everything into account, BMI scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BMI is showing a nice and steady performance.

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 83% of all other stocks. We also observe that the gains produced by BMI over the past year are nicely spread over this period.
BMI is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. BMI outperforms 71% of them.
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 199.68 - 229.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BMI Weekly chart
BMI Daily chart
Setup Rating and Analysis

6

BMI has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

138.68

232.00

We found 6 important support areas.

  • A support zone ranging from 211.09 to 215.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 206.62 to 207.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 198.99 to 201.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 190.56 to 195.09. 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 @140.08 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 226.21 to 229.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS83.14
Mansfield0.75
10 Day High229.32
10 Day Low209.73
20 Day High229.32
20 Day Low199.68
52 Week High230.76
52 Week Low139.5
Performance
1 Week-0.19%
2 Weeks-1.8%
1 Month8.97%
3 Month8.03%
6 Month9.27%
12 Month46.59%
2 Year89.29%
3 Year114.18%
5 Year253.6%
10 Year695.9%
15 Year1146.33%
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)0.05
RSI(14)55.47
LBB203.79
UBB231.98
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
219.42211.088.33 (3.80%)25.00%
An entry @219.41. This is a Buy Stop order right above the 10 day moving average.An exit @211.08. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 8.33 points, which is 3.80%.For a 0.95% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of BMI. Please evaluate whether better entry and exit points can be found.
  • 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.
BMI Daily chart

BADGER METER INC

NYSE:BMI (11/21/2024, 8:15:31 PM)

After market: 219.23 0 (0%)

219.23

+2.48 (+1.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.14%
1 Week-0.19%
2 Weeks-1.8%
1 Month8.97%
3 Month8.03%
6 Month9.27%
12 Month46.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.82
ATR(20)%2.34%
ATR Inc
Range Today4.86
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 High229.32
10 Day Low209.73
20 Day High229.32
20 Day Low199.68
52 Week High230.76
52 Week Low139.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume189.50K
Volume Incr-10.55%
Vol(5)178.76K
Vol(50)192.46K