NUBURU INC (BURU) Stock Technical Analysis
NYSEARCA:BURU - NYSE Arca - US67021W3016 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to BURU. Although BURU 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.
BURU is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
BURU is one of the better performing stocks in the Machinery industry, it outperforms 86% of 128 stocks in the same industry.
In the last month BURU has a been trading in the 0.15 - 0.49 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BURU has an average volume of 16854100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, BURU did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BURU has a poor technical rating and the quality of the setup is also only medium 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
0.13
0.51
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.13 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @0.50 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
CRS86.17
Mansfield-4.65
10 Day High0.5
10 Day Low0.17
20 Day High0.5
20 Day Low0.15
52 Week High4.45
52 Week Low0.09
Performance
1 Week22.55%
2 Weeks19.65%
1 Month-33.12%
3 Month-38.91%
6 Month-75.9%
12 Month79.89%
2 YearN/A
3 YearN/A
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)46.96
LBB0.17
UBB0.33
0.288
+0.09 (+43.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg43.93%
1 Week22.55%
2 Weeks19.65%
1 Month-33.12%
3 Month-38.91%
6 Month-75.9%
12 Month79.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%26.22%
ATR Inc193.92%
Range Today0.22
ADR(20)0.07
ADR(20)%24.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.17
Mansfield-4.65
10 Day High0.5
10 Day Low0.17
20 Day High0.5
20 Day Low0.15
52 Week High4.45
52 Week Low0.09
CS1 End0.28
CR1 Start0.5
Volume & EV
DER(3)-0.03%
DER(5)-3.05%
Volume391.83M
Volume Incr1670.3%
Vol(5)84.88M
Vol(50)16.85M