BM TECHNOLOGIES INC (BMTX) Stock Technical Analysis
NYSEARCA:BMTX - NYSE Arca - US05591L1070 - Common Stock - Currency: USD
Taking everything into account, BMTX scores 10 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, BMTX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BMTX did better than 95% of all other stocks. We also observe that the gains produced by BMTX over the past year are nicely spread over this period.
BMTX is part of the Financial Services industry. There are 101 other stocks in this industry. BMTX outperforms 97% of them.
BMTX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BMTX has a been trading in the 4.84 - 5.16 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Although BMTX 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
3.92
5.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.65 to 4.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.96 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.01 to 5.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.39
Mansfield4.82
10 Day High5.16
10 Day Low4.97
20 Day High5.16
20 Day Low4.84
52 Week High5.16
52 Week Low1.45
Performance
1 Week0.2%
2 Weeks0.81%
1 Month2.25%
3 Month5.26%
6 Month90.84%
12 Month134.74%
2 Year10.62%
3 Year-47.03%
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
RSI(14)72.53
LBB4.9
UBB5.03
5
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0%
1 Week0.2%
2 Weeks0.81%
1 Month2.25%
3 Month5.26%
6 Month90.84%
12 Month134.74%
2 Year10.62%
3 Year-47.03%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%1%
ATR Inc121.05%
Range Today0.17
ADR(20)0.05
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.39
Mansfield4.82
10 Day High5.16
10 Day Low4.97
20 Day High5.16
20 Day Low4.84
52 Week High5.16
52 Week Low1.45
CS1 End4.75
CR1 Start5.01
Volume & EV
DER(3)-4.18%
DER(5)-4.46%
Volume128.50K
Volume Incr-65.2%
Vol(5)134.08K
Vol(50)260.86K