BM TECHNOLOGIES INC (BMTX)

US05591L1070 - Common Stock

4.77  0 (0%)

Technical Rating and Analysis

10

Taking everything into account, BMTX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BMTX has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BMTX did better than 93% of all other stocks.
BMTX is part of the Financial Services industry. There are 100 other stocks in this industry. BMTX outperforms 90% of them.
BMTX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
BMTX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
In the last month BMTX has a been trading in a tight range between 4.70 and 4.87.
Weekly and Daily overview Charts
BMTX Weekly chart
BMTX Daily chart
Setup Rating and Analysis

8

BMTX has an excellent technical rating and 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 4.76, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BMTX in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

3.07

4.83

6 important support areas can be observed.

  • A support zone ranging from 4.72 to 4.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @3.68 from a trend line in the daily time frame.
  • Support @3.49 from a trend line in the daily time frame.
  • Support @3.34 from a trend line in the weekly time frame.
  • Support @3.16 from a horizontal line in the daily time frame.
  • Support @3.10 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 4.78 to 4.78. 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
CRS93.99
Mansfield6.03
10 Day High4.87
10 Day Low4.71
20 Day High4.87
20 Day Low4.7
52 Week High4.87
52 Week Low1.45
Performance
1 Week0%
2 Weeks0.42%
1 Month0.63%
3 Month71.58%
6 Month58.47%
12 Month55.88%
2 Year-10.34%
3 Year-60.41%
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)-0.05
RSI(14)74.55
LBB4.72
UBB4.78
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
4.794.710.08 (1.67%)25.00%
An entry @4.79. This is a Buy Stop order right above the resistance zone.An exit @4.71. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.08 points, which is 1.67%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.42%.

  • 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.
BMTX Daily chart

BM TECHNOLOGIES INC

NYSEARCA:BMTX (11/22/2024, 4:10:02 PM)

4.77

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0%
1 Week0%
2 Weeks0.42%
1 Month0.63%
3 Month71.58%
6 Month58.47%
12 Month55.88%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%1.03%
ATR Inc
Range Today0.03
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 High4.87
10 Day Low4.71
20 Day High4.87
20 Day Low4.7
52 Week High4.87
52 Week Low1.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume108.61K
Volume Incr-70.19%
Vol(5)108.26K
Vol(50)165.52K