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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 2024-12-09 View latest technical analysis

10 day averaged volume of Biomerica Inc is 122160

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	0.31	0.28	0.32	0.28	5.272 times
26 Tue Nov 2024	0.30	0.32	0.34	0.30	1.209 times
26 Tue Nov 2024	0.30	0.32	0.34	0.30	1.209 times
25 Mon Nov 2024	0.32	0.31	0.34	0.31	1.353 times
22 Fri Nov 2024	0.31	0.32	0.34	0.31	1.078 times
21 Thu Nov 2024	0.32	0.32	0.34	0.31	3.281 times
20 Wed Nov 2024	0.32	0.32	0.33	0.30	0.298 times
19 Tue Nov 2024	0.32	0.32	0.34	0.31	0.47 times
18 Mon Nov 2024	0.34	0.35	0.35	0.33	0.363 times
15 Fri Nov 2024	0.35	0.35	0.36	0.33	0.395 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 bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.3 as stoploss in an intra day buy trade for a target of 0.34. However, stock will show a bearish move below 0.3.

Share price targets for Biomerica Inc (BMRA)

Target Type	Value
Downside Target	0.24
Downside Target	0.28
Downside Target	0.30
Upside Target	0.32
Upside Target	0.33
Upside Target	0.34
Upside Target	0.35
Upside Target	0.40
Upside Target	0.44
Upside Target	0.47
Upside Target	0.51

Intraday share price targets for Biomerica Inc (BMRA)

Target Type	Value
Downside Intraday Target	0.29
Downside Intraday Target	0.26
Upside Intraday Target	0.33
Upside Intraday Target	0.34
Downside Intraday Target	0.3

Weekly technical analysis of Biomerica Inc (BMRA)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	0.31	0.28	0.32	0.28	4.36 times
26 Tue Nov 2024	0.30	0.32	0.34	0.30	0.472 times
26 Tue Nov 2024	0.30	0.31	0.34	0.30	0.467 times
22 Fri Nov 2024	0.31	0.35	0.35	0.30	2.089 times
15 Fri Nov 2024	0.35	0.39	0.40	0.33	0.234 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
09 Mon Dec 2024	0.31	0.28	0.32	0.28	0.213 times
26 Tue Nov 2024	0.30	0.37	0.40	0.30	0.512 times
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

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 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 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 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 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 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 weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Biomerica Inc in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 0.31 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.