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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 2024-09-03 View latest technical analysis

10 day averaged volume of Biomerica Inc is 158729

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	0.43	0.44	0.46	0.43	0.301 times
30 Fri Aug 2024	0.44	0.46	0.47	0.44	0.492 times
30 Fri Aug 2024	0.44	0.46	0.47	0.44	0.507 times
29 Thu Aug 2024	0.46	0.48	0.50	0.43	0.972 times
28 Wed Aug 2024	0.46	0.50	0.50	0.44	0.459 times
27 Tue Aug 2024	0.49	0.43	0.51	0.43	1.184 times
26 Mon Aug 2024	0.44	0.43	0.45	0.40	0.6 times
23 Fri Aug 2024	0.44	0.42	0.46	0.42	0.368 times
22 Thu Aug 2024	0.43	0.42	0.47	0.42	0.754 times
21 Wed Aug 2024	0.44	0.42	0.48	0.41	2.636 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 0.4, but if it comes below 0.4, then a intra day sell could be more profitable.
If you take a sell trade below 0.4, then use 0.4 as stoploss and 0.38 as target. However if you take a buy trade in stock , then use 0.4 as stoploss and 0.5 as target.

Share price targets for Biomerica Inc (BMRA)

Target Type	Value
Downside Target	0.24
Downside Target	0.28
Downside Target	0.32
Downside Target	0.35
Downside Target	0.40
Downside Target	0.43
Upside Target	0.44
Upside Target	0.46
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	0.42
Downside Intraday Target	0.41
Upside Intraday Target	0.45
Upside Intraday Target	0.47
Upside Intraday Target	0.44

Weekly technical analysis of Biomerica Inc (BMRA)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	0.43	0.44	0.46	0.43	0.613 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, 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
03 Tue Sep 2024	0.43	0.44	0.46	0.43	0.02 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, 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color 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 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 0.45 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 positive

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