Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-16 View latest technical analysis

10 day averaged volume of Biomerica Inc is 63660

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	0.35	0.32	0.36	0.32	4.1 times
15 Tue Oct 2024	0.32	0.32	0.34	0.31	0.672 times
14 Mon Oct 2024	0.34	0.34	0.34	0.31	0.511 times
11 Fri Oct 2024	0.33	0.31	0.35	0.31	0.899 times
10 Thu Oct 2024	0.31	0.32	0.34	0.30	1.252 times
09 Wed Oct 2024	0.33	0.32	0.33	0.30	0.806 times
08 Tue Oct 2024	0.32	0.31	0.36	0.31	1.55 times
07 Mon Oct 2024	0.31	0.33	0.35	0.31	2.004 times
04 Fri Oct 2024	0.33	0.33	0.36	0.33	1.015 times
03 Thu Oct 2024	0.33	0.34	0.36	0.33	0.331 times

Stock of Biomerica Inc (BMRA) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 0.3, but if it comes below 0.3, then a intra day sell could be more profitable.
If you take a sell trade below 0.3, then use 0.3 as stoploss and 0.33 as target. However if you take a buy trade in stock , then use 0.3 as stoploss and 0.4 as target.

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	0.40
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	0.32
Downside Intraday Target	0.29
Upside Intraday Target	0.37
Upside Intraday Target	0.39
Downside Intraday Target	0.34

Weekly technical analysis of Biomerica Inc (BMRA)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	0.35	0.34	0.36	0.31	0.811 times
11 Fri Oct 2024	0.33	0.33	0.36	0.30	2.191 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

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
16 Wed Oct 2024	0.35	0.33	0.36	0.30	0.048 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 up 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Biomerica Inc ( (BMRA) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Biomerica Inc ( (BMRA) ) based on a mid to longer 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.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Biomerica Inc in short term and BUY 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 0.33 and Biomerica Inc (BMRA) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.