BEAMR IMAGING LTD (BMR)

IL0011832438 - Common Stock

4  -0.12 (-2.91%)

After market: 4.01 +0.01 (+0.25%)

Technical Rating and Analysis

7

Overall BMR gets a technical rating of 7 out of 10. Although BMR has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.

BMR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BMR is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BMR is part of the Software industry. There are 279 other stocks in this industry. BMR outperforms 93% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, BMR did better than 97% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month BMR has a been trading in the 2.54 - 4.81 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
BMR Weekly chart
BMR Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, BMR also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

2.73

4.34

We found 2 important support areas.

  • A support zone ranging from 3.67 to 3.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.76 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • Resistance @4.01 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 4.18 to 4.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @4.30 from a horizontal 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
CRS97.8
Mansfield-1.87
10 Day High4.81
10 Day Low3.6
20 Day High4.81
20 Day Low2.54
52 Week High34.94
52 Week Low1.11
Performance
1 Week8.11%
2 Weeks7.24%
1 Month45.45%
3 Month5.54%
6 Month-22.93%
12 Month244.83%
2 YearN/A
3 YearN/A
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)0.04
RSI(14)58.13
LBB3.08
UBB4.46
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
4.023.660.36 (8.96%)11.17%
An entry @4.02. This is a Buy Stop order right above the resistance zone.An exit @3.66. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.36 points, which is 8.96%.For a 1.00% total portfolio risk, you can invest 11.17% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of BMR. 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.
BMR Daily chart

BEAMR IMAGING LTD

NASDAQ:BMR (12/20/2024, 8:00:01 PM)

After market: 4.01 +0.01 (+0.25%)

4

-0.12 (-2.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.91%
1 Week8.11%
2 Weeks7.24%
1 Month45.45%
3 Month5.54%
6 Month-22.93%
12 Month244.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%11.34%
ATR Inc7.57%
Range Today0.43
ADR(20)0.45
ADR(20)%11.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.8
Mansfield-1.87
10 Day High4.81
10 Day Low3.6
20 Day High4.81
20 Day Low2.54
52 Week High34.94
52 Week Low1.11
CS1 End3.69
CR1 Start4.01
Volume & EV
DER(3)-4.48%
DER(5)0.98%
Volume456.70K
Volume Incr21.75%
Vol(5)407.90K
Vol(50)251.21K