(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 2024-03-05 View latest technical analysis
10 day averaged volume of Biomerica Inc is 67770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 1.21 | 1.22 | 1.25 | 1.20 | 0.26 times |
| 04 Mon Mar 2024 | 1.22 | 1.19 | 1.25 | 1.19 | 0.305 times |
| 01 Fri Mar 2024 | 1.20 | 1.22 | 1.24 | 1.18 | 0.452 times |
| 29 Thu Feb 2024 | 1.22 | 1.21 | 1.24 | 1.21 | 0.235 times |
| 28 Wed Feb 2024 | 1.23 | 1.25 | 1.27 | 1.21 | 0.431 times |
| 27 Tue Feb 2024 | 1.25 | 1.22 | 1.34 | 1.20 | 0.899 times |
| 26 Mon Feb 2024 | 1.21 | 1.30 | 1.33 | 1.13 | 1.424 times |
| 23 Fri Feb 2024 | 1.29 | 1.16 | 1.35 | 1.15 | 3.053 times |
| 22 Thu Feb 2024 | 1.15 | 1.09 | 1.16 | 1.04 | 1.676 times |
| 21 Wed Feb 2024 | 1.08 | 1.05 | 1.09 | 1.03 | 0.788 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.2, but if it comes below 1.2, then a intra day sell could be more profitable.
If you take a sell trade below 1.2, then use 1.2 as stoploss and 1.08 as target. However if you take a buy trade in stock , then use 1.2 as stoploss and 1.4 as target.
Share price targets for Biomerica Inc (BMRA)
| Target Type | Value |
| Downside Target | 0.77 |
| Downside Target | 0.81 |
| Downside Target | 0.88 |
| Downside Target | 0.90 |
| Downside Target | 0.94 |
| Downside Target | 1.01 |
| Downside Target | 1.08 |
| Downside Target | 1.13 |
| Downside Target | 1.18 |
| Upside Target | 1.25 |
| Upside Target | 1.32 |
| Upside Target | 1.34 |
| Upside Target | 1.35 |
| Upside Target | 2.13 |
Intraday share price targets for Biomerica Inc (BMRA)
| Target Type | Value |
| Downside Intraday Target | 1.18 |
| Downside Intraday Target | 1.16 |
| Upside Intraday Target | 1.24 |
| Upside Intraday Target | 1.28 |
| Upside Intraday Target | 1.22 |
Weekly technical analysis of Biomerica Inc (BMRA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 1.21 | 1.19 | 1.25 | 1.19 | 0.164 times |
| 01 Fri Mar 2024 | 1.20 | 1.30 | 1.34 | 1.13 | 0.55 times |
| 23 Fri Feb 2024 | 1.29 | 1.06 | 1.35 | 1.01 | 1.346 times |
| 16 Fri Feb 2024 | 1.06 | 0.92 | 1.08 | 0.90 | 0.893 times |
| 09 Fri Feb 2024 | 0.93 | 0.90 | 0.94 | 0.81 | 1.867 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 |
| 05 Tue Mar 2024 | 1.21 | 1.22 | 1.25 | 1.18 | 0.05 times |
| 29 Thu Feb 2024 | 1.22 | 0.93 | 1.35 | 0.81 | 0.448 times |
| 31 Wed Jan 2024 | 0.93 | 1.22 | 1.32 | 0.81 | 0.043 times |
| 29 Fri Dec 2023 | 1.25 | 0.93 | 2.13 | 0.88 | 105.066 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 neutral. A longer time frame might give a better analysis.
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 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 and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Biomerica Inc in short term
RSI is generating a BUY signal in short term and the buying is gaining 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 1.22 and Biomerica Inc (BMRA) stock is trading below this level. This means that stock is falling with high volumes. 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 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.
Price action analysis of Biomerica Inc ( (BMRA) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Biomerica Inc in short term
RSI is generating a BUY signal in short term and the buying is gaining 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 1.22 and Biomerica Inc (BMRA) stock is trading below this level. This means that stock is falling with high volumes. 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 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.