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BIOREM INC (BRM.CA) Stock Technical Analysis

TSX-V:BRM - TSX Venture Exchange - CA09068G1046 - Common Stock - Currency: CAD

2.69  -0.12 (-4.27%)

Technical Rating and Analysis

5

Taking everything into account, BRM scores 5 out of 10 in our technical rating. Although BRM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Looking at the yearly performance, BRM did better than 86% of all other stocks. On top of that, BRM also shows a nice and consistent pattern of rising prices.
BRM is part of the Commercial Services & Supplies industry. There are 24 other stocks in this industry. BRM outperforms 86% of them.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BRM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRM is lagging the market.
In the last month BRM has a been trading in the 2.01 - 3.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BIOREM INC / BRM Weekly stock chart
BIOREM INC / BRM Daily stock chart
Setup Rating and Analysis

4

BRM has an average technical rating and also the quality of the setup is only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

2.42

3.33

We found 3 important support areas.

  • Support @2.60 from a horizontal line in the weekly time frame.
  • A support zone ranging from 2.51 to 2.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 2.44 to 2.45. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 2.74 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.86 from a trend line in the daily time frame.
  • A resistance zone ranging from 2.95 to 2.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @3.30 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
CRS86.71
Mansfield0.87
10 Day High2.99
10 Day Low2.5
20 Day High3.09
20 Day Low2.01
52 Week High3.45
52 Week Low1.37
Performance
1 Week-6.27%
2 Weeks7.6%
1 Month-14.06%
3 Month-2.18%
6 Month22.27%
12 Month73.55%
2 Year156.19%
3 Year205.68%
5 Year589.74%
10 Year2141.67%
15 Year326.98%
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)0.02
RSI(14)45.02
LBB2.43
UBB3.03
BIOREM INC / BRM Daily stock chart

BIOREM INC

TSX-V:BRM (2/21/2025, 7:00:00 PM)

2.69

-0.12 (-4.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-4.27%
1 Week-6.27%
2 Weeks7.6%
1 Month-14.06%
3 Month-2.18%
6 Month22.27%
12 Month73.55%
2 Year156.19%
3 Year205.68%
5 Year589.74%
10 Year2141.67%
15 Year326.98%
Volatility
ATR(14)0.21
ATR(20)%7.27%
ATR Inc-37.62%
Range Today0.2
ADR(20)0.18
ADR(20)%6.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.71
Mansfield0.87
10 Day High2.99
10 Day Low2.5
20 Day High3.09
20 Day Low2.01
52 Week High3.45
52 Week Low1.37
CS1 End2.6
CR1 Start2.74
Volume & EV
DER(3)0.52%
DER(5)-12.78%
Volume56.89K
Volume Incr-47.21%
Vol(5)29.23K
Vol(50)50.41K