NUBURU INC (BURU)

US67021W1036 - Common Stock

0.4714  +0.01 (+2.5%)

After market: 0.458 -0.01 (-2.84%)

Technical Rating and Analysis

1

Overall BURU gets a technical rating of 1 out of 10. BURU's overall performance in the market is below average. Also 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.
75% of all other stocks performed better in the past year than BURU.
BURU is one of the lesser performing stocks in the Machinery industry. 69% of 132 stocks in the same industry do better.
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 0.38 - 0.73 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
BURU has an average volume of 8319410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
BURU Weekly chart
BURU Daily chart
Setup Rating and Analysis

5

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.

Support and Resistance Analysis

0.40

0.53

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @0.41 from a horizontal line in the weekly time frame.
  • A support zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @0.49 from a horizontal line in the daily time frame.
  • Resistance @0.52 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
CRS25.55
Mansfield-0.54
10 Day High0.52
10 Day Low0.38
20 Day High0.73
20 Day Low0.38
52 Week High4.45
52 Week Low0.09
Performance
1 Week9.63%
2 Weeks13.62%
1 Month-27.35%
3 Month-60.55%
6 Month180.6%
12 Month55.58%
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)0.01
RSI(14)45.8
LBB0.38
UBB0.51
BURU Daily chart

NUBURU INC

NYSEARCA:BURU (11/22/2024, 8:27:28 PM)

After market: 0.458 -0.01 (-2.84%)

0.4714

+0.01 (+2.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.5%
1 Week9.63%
2 Weeks13.62%
1 Month-27.35%
3 Month-60.55%
6 Month180.6%
12 Month55.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%18.16%
ATR Inc
Range Today0.04
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 High0.52
10 Day Low0.38
20 Day High0.73
20 Day Low0.38
52 Week High4.45
52 Week Low0.09
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.08M
Volume Incr-77.82%
Vol(5)1.54M
Vol(50)8.32M