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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 2024-10-31 View latest technical analysis

10 day averaged volume of Biomerica Inc is 453760

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	0.37	0.38	0.43	0.37	0.958 times
30 Wed Oct 2024	0.37	0.31	0.44	0.31	8.657 times
29 Tue Oct 2024	0.31	0.30	0.32	0.30	0.096 times
28 Mon Oct 2024	0.31	0.30	0.33	0.29	0.22 times
25 Fri Oct 2024	0.30	0.30	0.30	0.28	0.205 times
24 Thu Oct 2024	0.30	0.31	0.32	0.29	0.117 times
23 Wed Oct 2024	0.31	0.32	0.32	0.30	0.154 times
22 Tue Oct 2024	0.32	0.33	0.33	0.30	0.131 times
21 Mon Oct 2024	0.33	0.33	0.35	0.32	0.153 times
18 Fri Oct 2024	0.32	0.33	0.35	0.32	0.109 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 0.4, for a target of 0.3 or 0.33

Share price targets for Biomerica Inc (BMRA)

Target Type	Value
Downside Target	0.24
Downside Target	0.28
Downside Target	0.29
Downside Target	0.30
Downside Target	0.31
Downside Target	0.35
Downside Target	0.36
Upside Target	0.40
Upside Target	0.44
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	0.22
Upside Intraday Target	0.44
Upside Intraday Target	0.52
Downside Intraday Target	0.37

Weekly technical analysis of Biomerica Inc (BMRA)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	0.37	0.30	0.44	0.29	13.078 times
25 Fri Oct 2024	0.30	0.33	0.35	0.28	0.753 times
18 Fri Oct 2024	0.32	0.34	0.36	0.31	1.103 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

Price has moved up 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
31 Thu Oct 2024	0.37	0.33	0.44	0.28	0.304 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Biomerica Inc ( (BMRA) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Biomerica Inc ( (BMRA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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.

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

CCI has generated a buy signal for Biomerica Inc in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 0.36 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 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.