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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 2024-09-20 View latest technical analysis

10 day averaged volume of Biomerica Inc is 141550

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	0.28	0.32	0.32	0.28	0.71 times
19 Thu Sep 2024	0.32	0.32	0.33	0.30	0.138 times
18 Wed Sep 2024	0.31	0.32	0.33	0.31	0.528 times
17 Tue Sep 2024	0.33	0.32	0.35	0.31	0.143 times
16 Mon Sep 2024	0.32	0.30	0.36	0.29	2.238 times
13 Fri Sep 2024	0.30	0.30	0.32	0.28	0.739 times
12 Thu Sep 2024	0.31	0.31	0.32	0.29	0.655 times
11 Wed Sep 2024	0.31	0.33	0.34	0.31	0.705 times
10 Tue Sep 2024	0.32	0.34	0.36	0.32	1.088 times
09 Mon Sep 2024	0.36	0.34	0.39	0.31	2.218 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.3, but if it comes above 0.3, then a intra day buy could be more profitable.
If you take a sell trade below 0.3, then use 0.3 as stoploss and 0.2 as target. However if you take a buy trade in stock , then use 0.3 as stoploss and 0.37 as target.

Share price targets for Biomerica Inc (BMRA)

Target Type	Value
Downside Target	0.24
Downside Target	0.28
Upside Target	0.33
Upside Target	0.36
Upside Target	0.39
Upside Target	0.40
Upside Target	0.44
Upside Target	0.47
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	0.25
Downside Intraday Target	0.23
Upside Intraday Target	0.33
Upside Intraday Target	0.39
Upside Intraday Target	0.31

Weekly technical analysis of Biomerica Inc (BMRA)

Date	Weekly Closing Price	Open	High	Low	Volume
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
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

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
20 Fri Sep 2024	0.28	0.44	0.47	0.28	7.886 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 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 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 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 SELL signal for Biomerica Inc in short term and the sell signal is strong.

Biomerica Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

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

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 0.32 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.