NUBURU INC (BURU) Stock Technical Analysis
NYSEARCA:BURU - American Stock Exchange - US67021W3016 - Common Stock
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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.
In the last month BURU has a been trading in the 0.35 - 0.99 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
BURU is one of the better performing stocks in the Machinery industry, it outperforms 91% of 131 stocks in the same industry.
BURU has an average volume of 7624350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BURU did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BURU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.29
0.74
2 important support areas can be observed.
- Support @0.38 from a trend line in the weekly time frame.
- Support @0.29 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.61 from a trend line in the weekly time frame.
- Resistance @0.73 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.56
Mansfield-1.88
10 Day High0.77
10 Day Low0.4
20 Day High0.99
20 Day Low0.35
52 Week High4.45
52 Week Low0.09
Performance
1 Week-13.52%
2 Weeks-37.64%
1 Month20.8%
3 Month-32.96%
6 Month188.65%
12 Month152.76%
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)-0.02
RSI(14)44.67
LBB0.32
UBB0.85
NUBURU INC
NYSEARCA:BURU (1/22/2025, 10:45:56 AM)
0.3985
-0.04 (-8.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-8.39%
1 Week-13.52%
2 Weeks-37.64%
1 Month20.8%
3 Month-32.96%
6 Month188.65%
12 Month152.76%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%27.49%
ATR Inc-70.63%
Range Today0.04
ADR(20)0.11
ADR(20)%28.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.56
Mansfield-1.88
10 Day High0.77
10 Day Low0.4
20 Day High0.99
20 Day Low0.35
52 Week High4.45
52 Week Low0.09
CS1 End0.38
CR1 Start0.61
Volume & EV
DER(3)1.04%
DER(5)-6.72%
Volume604.78K
Volume Incr-92.26%
Vol(5)1.09M
Vol(50)7.62M