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(BMRA) Biomerica Inc complete technical analysis [charts+indicators] | Buy/Sell Biomerica Inc | (BMRA) share price targets

Complete technical analysis of Biomerica Inc (BMRA) by charts plus indicators, forecast predictions and share price targets for Biomerica Inc (BMRA)

Biomerica Inc trades in USA in Health Care sector.

10 day averaged volume of Biomerica Inc is 50120

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	0.33	0.33	0.36	0.33	1.289 times
03 Thu Oct 2024	0.33	0.34	0.36	0.33	0.421 times
02 Wed Oct 2024	0.35	0.33	0.36	0.31	1.219 times
01 Tue Oct 2024	0.34	0.33	0.34	0.31	0.585 times
30 Mon Sep 2024	0.33	0.32	0.34	0.31	0.261 times
27 Fri Sep 2024	0.32	0.33	0.34	0.31	0.922 times
26 Thu Sep 2024	0.33	0.34	0.34	0.33	0.581 times
25 Wed Sep 2024	0.34	0.35	0.36	0.33	1.233 times
24 Tue Sep 2024	0.35	0.29	0.37	0.29	1.911 times
23 Mon Sep 2024	0.30	0.28	0.32	0.28	0.862 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 0.3, but if it comes below 0.3, then a intra day sell could be more profitable.
If you take a sell trade below 0.3, then use 0.3 as stoploss and 0.32 as target. However if you take a buy trade in stock , then use 0.3 as stoploss and 0.4 as target.

Share price targets for Biomerica Inc (BMRA)

Target Type	Value
Downside Target	0.24
Downside Target	0.28
Downside Target	0.31
Downside Target	0.33
Upside Target	0.36
Upside Target	0.37
Upside Target	0.39
Upside Target	0.40
Upside Target	0.47
Upside Target	0.51
Upside Target	0.62

Intraday share price targets for Biomerica Inc (BMRA)

Target Type	Value
Downside Intraday Target	0.31
Downside Intraday Target	0.28
Upside Intraday Target	0.36
Upside Intraday Target	0.38
Upside Intraday Target	0.33

Weekly technical analysis of Biomerica Inc (BMRA)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	0.33	0.32	0.36	0.31	0.685 times
27 Fri Sep 2024	0.32	0.28	0.37	0.28	0.519 times
20 Fri Sep 2024	0.28	0.30	0.36	0.28	0.695 times
13 Fri Sep 2024	0.30	0.34	0.39	0.28	0.043 times
06 Fri Sep 2024	0.35	0.44	0.47	0.33	228.687 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Biomerica Inc (BMRA)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	0.33	0.33	0.36	0.31	0.009 times
30 Mon Sep 2024	0.33	0.44	0.47	0.28	8.005 times
30 Fri Aug 2024	0.44	0.33	0.51	0.24	1.97 times
31 Wed Jul 2024	0.33	0.43	0.47	0.28	0.728 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Biomerica Inc (BMRA)

Price action analysis of Biomerica Inc ( (BMRA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Biomerica Inc ( (BMRA) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Biomerica Inc ( (BMRA) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Biomerica Inc ( (BMRA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Biomerica Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Biomerica Inc in short term but the buy signal is initial and weak.

Biomerica Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Biomerica Inc in short term

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Biomerica Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.33 and Biomerica Inc (BMRA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Biomerica Inc (BMRA) stock. Volume based technical analysis of Biomerica Inc (BMRA) stock is negative.

Biomerica Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.