(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.
Showing technical analysis as on 2024-02-23 View latest technical analysis
10 day averaged volume of Biomerica Inc is 62990
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 1.29 | 1.16 | 1.35 | 1.15 | 3.285 times |
| 22 Thu Feb 2024 | 1.15 | 1.09 | 1.16 | 1.04 | 1.803 times |
| 21 Wed Feb 2024 | 1.08 | 1.05 | 1.09 | 1.03 | 0.848 times |
| 20 Tue Feb 2024 | 1.03 | 1.06 | 1.06 | 1.01 | 0.794 times |
| 16 Fri Feb 2024 | 1.06 | 0.98 | 1.08 | 0.97 | 1.746 times |
| 15 Thu Feb 2024 | 0.97 | 0.96 | 0.99 | 0.94 | 0.589 times |
| 14 Wed Feb 2024 | 0.99 | 1.00 | 1.02 | 0.95 | 0.922 times |
| 13 Tue Feb 2024 | 0.99 | 0.97 | 1.01 | 0.95 | 1.264 times |
| 12 Mon Feb 2024 | 0.95 | 0.92 | 0.99 | 0.90 | 0.479 times |
| 09 Fri Feb 2024 | 0.93 | 0.85 | 0.94 | 0.83 | 0.548 times |
Stock of Biomerica Inc (BMRA) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1.2, for a target of 1.1 or 0.97
Share price targets for Biomerica Inc (BMRA)
| Target Type | Value |
| Downside Target | 0.70 |
| Downside Target | 0.77 |
| Downside Target | 0.81 |
| Downside Target | 0.88 |
| Downside Target | 0.94 |
| Downside Target | 0.96 |
| Downside Target | 0.99 |
| Downside Target | 1.01 |
| Downside Target | 1.08 |
| Downside Target | 1.16 |
| Upside Target | 1.32 |
| Upside Target | 1.35 |
| Upside Target | 2.13 |
Intraday share price targets for Biomerica Inc (BMRA)
| Target Type | Value |
| Downside Intraday Target | 1.08 |
| Downside Intraday Target | 0.88 |
| Upside Intraday Target | 1.42 |
| Upside Intraday Target | 1.56 |
| Downside Intraday Target | 1.22 |
Weekly technical analysis of Biomerica Inc (BMRA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 1.29 | 1.06 | 1.35 | 1.01 | 1.346 times |
| 16 Fri Feb 2024 | 1.06 | 0.92 | 1.08 | 0.90 | 0.893 times |
| 09 Fri Feb 2024 | 0.93 | 0.90 | 0.94 | 0.81 | 1.867 times |
| 02 Fri Feb 2024 | 0.91 | 0.89 | 0.96 | 0.89 | 1.062 times |
| 26 Fri Jan 2024 | 0.90 | 0.91 | 0.99 | 0.88 | 1.015 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 |
| 23 Fri Feb 2024 | 1.29 | 0.93 | 1.35 | 0.81 | 0.383 times |
| 31 Wed Jan 2024 | 0.93 | 1.22 | 1.32 | 0.81 | 0.043 times |
| 29 Fri Dec 2023 | 1.25 | 0.93 | 2.13 | 0.88 | 105.066 times |
| 30 Thu Nov 2023 | 0.93 | 0.95 | 1.01 | 0.77 | 0.407 times |
Scroll below to view daily charts
Price has moved up 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Biomerica Inc stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Biomerica Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Biomerica Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Biomerica Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1.11 and Biomerica Inc (BMRA) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Biomerica Inc stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Biomerica Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Biomerica Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Biomerica Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1.11 and Biomerica Inc (BMRA) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.