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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 2024-09-04 View latest technical analysis

10 day averaged volume of Biomerica Inc is 131318

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	0.38	0.46	0.47	0.33	124.052 times
03 Tue Sep 2024	0.43	0.44	0.46	0.43	0.364 times
30 Fri Aug 2024	0.44	0.46	0.47	0.44	0.594 times
30 Fri Aug 2024	0.44	0.46	0.47	0.44	0.613 times
29 Thu Aug 2024	0.46	0.48	0.50	0.43	1.175 times
28 Wed Aug 2024	0.46	0.50	0.50	0.44	0.554 times
27 Tue Aug 2024	0.49	0.43	0.51	0.43	1.431 times
26 Mon Aug 2024	0.44	0.43	0.45	0.40	0.726 times
23 Fri Aug 2024	0.44	0.42	0.46	0.42	0.445 times
22 Thu Aug 2024	0.43	0.42	0.47	0.42	0.912 times

Stock of Biomerica Inc (BMRA) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 0.3 or till 0.2. Use a stoploss of 0.39 and if the stock hits stoploss, then it can shoot up till 0.46

Share price targets for Biomerica Inc (BMRA)

Target Type	Value
Downside Target	0.24
Downside Target	0.28
Downside Target	0.32
Downside Target	0.33
Downside Target	0.35
Upside Target	0.40
Upside Target	0.44
Upside Target	0.47
Upside Target	0.48
Upside Target	0.51
Upside Target	0.62
Upside Target	0.69

Intraday share price targets for Biomerica Inc (BMRA)

Target Type	Value
Downside Intraday Target	0.32
Downside Intraday Target	0.25
Upside Intraday Target	0.46
Upside Intraday Target	0.53
Upside Intraday Target	0.39

Weekly technical analysis of Biomerica Inc (BMRA)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	0.38	0.44	0.47	0.33	209.394 times
30 Fri Aug 2024	0.44	0.46	0.47	0.44	0.132 times
30 Fri Aug 2024	0.44	0.43	0.51	0.40	0.605 times
23 Fri Aug 2024	0.44	0.32	0.48	0.32	3.718 times
16 Fri Aug 2024	0.31	0.34	0.35	0.28	0.964 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Biomerica Inc (BMRA)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	0.38	0.44	0.47	0.33	6.731 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
28 Fri Jun 2024	0.44	0.58	0.62	0.40	0.441 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Biomerica Inc stock for short term is SELL. 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.

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. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Biomerica Inc in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 0.38 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 positive

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