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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.

Showing technical analysis as on 2024-07-02 View latest technical analysis

10 day averaged volume of Biomerica Inc is 135340

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	0.45	0.44	0.46	0.44	0.18 times
01 Mon Jul 2024	0.44	0.43	0.47	0.43	0.641 times
28 Fri Jun 2024	0.44	0.44	0.47	0.43	0.369 times
27 Thu Jun 2024	0.45	0.45	0.47	0.42	0.498 times
26 Wed Jun 2024	0.45	0.43	0.47	0.43	1.21 times
25 Tue Jun 2024	0.42	0.42	0.50	0.42	1.252 times
24 Mon Jun 2024	0.42	0.44	0.51	0.42	1.213 times
21 Fri Jun 2024	0.45	0.45	0.48	0.40	1.247 times
20 Thu Jun 2024	0.45	0.53	0.55	0.45	1.836 times
18 Tue Jun 2024	0.53	0.57	0.59	0.53	0.867 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.4 as stoploss in an intra day buy trade for a target of 0.51. However, stock will show a bearish move below 0.4.

Share price targets for Biomerica Inc (BMRA)

Target Type	Value
Downside Target	0.40
Downside Target	0.42
Downside Target	0.43
Upside Target	0.47
Upside Target	0.50
Upside Target	0.51
Upside Target	0.53
Upside Target	0.59
Upside Target	0.60
Upside Target	0.62
Upside Target	0.69
Upside Target	0.82
Upside Target	0.91
Upside Target	1.25

Intraday share price targets for Biomerica Inc (BMRA)

Target Type	Value
Downside Intraday Target	0.43
Downside Intraday Target	0.41
Upside Intraday Target	0.47
Upside Intraday Target	0.49
Downside Intraday Target	0.45

Weekly technical analysis of Biomerica Inc (BMRA)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	0.45	0.43	0.47	0.43	0.181 times
28 Fri Jun 2024	0.44	0.44	0.51	0.42	1.15 times
21 Fri Jun 2024	0.45	0.57	0.59	0.40	3.213 times
18 Tue Jun 2024	0.53	0.57	0.59	0.53	0.787 times
14 Fri Jun 2024	0.58	0.54	0.60	0.53	1.282 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
02 Tue Jul 2024	0.45	0.43	0.47	0.43	0.066 times
28 Fri Jun 2024	0.44	0.58	0.62	0.40	0.441 times
31 Fri May 2024	0.58	0.56	0.69	0.51	0.388 times
30 Tue Apr 2024	0.60	0.89	0.91	0.50	10.992 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Biomerica Inc ( (BMRA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Biomerica Inc in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.45 and Biomerica Inc (BMRA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.