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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 2024-10-10 View latest technical analysis

10 day averaged volume of Biomerica Inc is 54210

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	0.31	0.32	0.34	0.30	1.47 times
09 Wed Oct 2024	0.33	0.32	0.33	0.30	0.946 times
08 Tue Oct 2024	0.32	0.31	0.36	0.31	1.821 times
07 Mon Oct 2024	0.31	0.33	0.35	0.31	2.354 times
04 Fri Oct 2024	0.33	0.33	0.36	0.33	1.192 times
03 Thu Oct 2024	0.33	0.34	0.36	0.33	0.389 times
02 Wed Oct 2024	0.35	0.33	0.36	0.31	1.127 times
01 Tue Oct 2024	0.34	0.33	0.34	0.31	0.54 times
30 Mon Sep 2024	0.33	0.32	0.34	0.31	0.242 times
27 Fri Sep 2024	0.32	0.33	0.34	0.31	0.852 times

My analysis of stock is bearish for shortterm, and stock might move down till 0.3 or till 0.3. Use a stoploss of 0.32 and if the stock hits stoploss, then it can shoot up till 0.34

Share price targets for Biomerica Inc (BMRA)

Target Type	Value
Downside Target	0.24
Downside Target	0.28
Downside Target	0.30
Downside Target	0.31
Upside Target	0.36
Upside Target	0.37
Upside Target	0.39
Upside Target	0.40
Upside Target	0.47
Upside Target	0.51
Upside Target	0.62

Intraday share price targets for Biomerica Inc (BMRA)

Target Type	Value
Downside Intraday Target	0.29
Downside Intraday Target	0.26
Upside Intraday Target	0.35
Upside Intraday Target	0.38
Upside Intraday Target	0.32

Weekly technical analysis of Biomerica Inc (BMRA)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	0.31	0.33	0.36	0.30	1.888 times
04 Fri Oct 2024	0.33	0.32	0.36	0.31	0.685 times
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

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
10 Thu Oct 2024	0.31	0.33	0.36	0.30	0.027 times
30 Mon Sep 2024	0.33	0.44	0.47	0.28	8.005 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

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 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 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 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 0.32 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.