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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 2024-09-27 View latest technical analysis

10 day averaged volume of Biomerica Inc is 86640

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	0.32	0.33	0.34	0.31	0.533 times
26 Thu Sep 2024	0.33	0.34	0.34	0.33	0.336 times
25 Wed Sep 2024	0.34	0.35	0.36	0.33	0.713 times
24 Tue Sep 2024	0.35	0.29	0.37	0.29	1.106 times
23 Mon Sep 2024	0.30	0.28	0.32	0.28	0.499 times
20 Fri Sep 2024	0.28	0.32	0.32	0.28	1.16 times
19 Thu Sep 2024	0.32	0.32	0.33	0.30	0.226 times
18 Wed Sep 2024	0.31	0.32	0.33	0.31	0.862 times
17 Tue Sep 2024	0.33	0.32	0.35	0.31	0.234 times
16 Mon Sep 2024	0.32	0.30	0.36	0.29	3.657 times

My analysis of stock is bearish for shortterm, and stock might move down till 0.3 or till 0.2. Use a stoploss of 0.34 and if the stock hits stoploss, then it can shoot up till 0.38

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	0.37
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	0.28
Downside Intraday Target	0.23
Upside Intraday Target	0.37
Upside Intraday Target	0.41
Upside Intraday Target	0.32

Weekly technical analysis of Biomerica Inc (BMRA)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	0.32	0.28	0.37	0.28	0.519 times
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

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
27 Fri Sep 2024	0.32	0.44	0.47	0.28	8 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 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 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 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.

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 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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 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.