BIOMERICA INC (BMRA) Stock Technical Analysis
NASDAQ:BMRA - Nasdaq - US09061H3075 - Common Stock
We assign a technical rating of 8 out of 10 to BMRA. BMRA has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BMRA is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 80% of 191 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BMRA has an average volume of 9294750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BMRA is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BMRA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BMRA is lagging the market.
In the last month BMRA has a been trading in the 0.26 - 1.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BMRA has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
0.28
0.78
2 important support areas can be observed.
- Support @0.34 from a trend line in the daily time frame.
- Support @0.28 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.65 from a horizontal line in the weekly time frame.
- Resistance @0.77 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.39
Mansfield-0.12
10 Day High1.27
10 Day Low0.32
20 Day High1.27
20 Day Low0.26
52 Week High1.35
52 Week Low0.24
Performance
1 Week86.86%
2 Weeks76.42%
1 Month106.19%
3 Month103.39%
6 Month72.81%
12 Month-33.66%
2 Year-80%
3 Year-85.92%
5 Year-80.33%
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)68.66
LBB0.13
UBB0.67
BIOMERICA INC
NASDAQ:BMRA (1/21/2025, 8:00:00 PM)
After market: 0.57 -0.03 (-5%)0.6
-0.04 (-6.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-6.25%
1 Week86.86%
2 Weeks76.42%
1 Month106.19%
3 Month103.39%
6 Month72.81%
12 Month-33.66%
2 Year-80%
3 Year-85.92%
5 Year-80.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%14.86%
ATR Inc29.76%
Range Today0.12
ADR(20)0.08
ADR(20)%13.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.39
Mansfield-0.12
10 Day High1.27
10 Day Low0.32
20 Day High1.27
20 Day Low0.26
52 Week High1.35
52 Week Low0.24
CS1 End0.34
CR1 Start0.65
Volume & EV
DER(3)-2.58%
DER(5)2.29%
Volume4.53M
Volume Incr34577.78%
Vol(5)82.47M
Vol(50)9.29M