NYSEARCA:BSMC - NYSE Arca - US9009341002 - ETF - Currency: USD
Taking everything into account, BSMC scores 1 out of 10 in our technical rating. BSMC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BSMC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 29.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BSMC in the last couple of days, which is a good sign.
26.72
When analyzing the support we notice one important area.
When analyzing the resistance we notice 3 important areas.
NYSEARCA:BSMC (4/25/2025, 8:04:02 PM)
28.5247
-0.03 (-0.12%)