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(BMEA) complete technical analysis [charts+indicators] | Buy/Sell | (BMEA) share price targets

Complete technical analysis of (BMEA) by charts plus indicators, forecast predictions and share price targets for (BMEA)

Showing technical analysis as on 2024-02-22 View latest technical analysis

10 day averaged volume of is 766520

Date Daily Closing Price Open High Low Volume
22 Thu Feb 2024 16.14 15.33 16.36 15.23 0.972 times
21 Wed Feb 2024 15.33 16.72 16.84 15.20 1.494 times
20 Tue Feb 2024 16.95 17.71 17.86 16.86 0.829 times
16 Fri Feb 2024 17.74 17.18 17.97 16.80 1.184 times
15 Thu Feb 2024 17.35 17.23 17.68 16.88 0.72 times
14 Wed Feb 2024 17.32 16.83 17.33 16.62 0.702 times
13 Tue Feb 2024 16.70 17.55 17.55 16.41 1.191 times
12 Mon Feb 2024 17.87 18.19 18.56 17.62 0.776 times
09 Fri Feb 2024 18.33 18.07 18.76 17.81 0.782 times
08 Thu Feb 2024 17.76 18.25 18.34 17.56 0.726 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16.7, but if it comes above 16.7, then a intra day buy could be more profitable.
If you take a sell trade below 16.7, then use 16.7 as stoploss and 15.5 as target. However if you take a buy trade in stock , then use 16.7 as stoploss and 17.62 as target.

Share price targets for (BMEA)

Target Type Value
Downside Target 8.13
Downside Target 9.19
Downside Target 10.35
Downside Target 13.44
Downside Target 13.90
Downside Target 15.20
Upside Target 16.36
Upside Target 17.33
Upside Target 17.86
Upside Target 18.56
Upside Target 19.50
Upside Target 19.89
Upside Target 20.21
Upside Target 22.74

Intraday share price targets for (BMEA)

Target Type Value
Downside Intraday Target 14.94
Downside Intraday Target 13.74
Upside Intraday Target 17.6
Upside Intraday Target 19.06
Upside Intraday Target 16.4

Weekly technical analysis of (BMEA)

Date Weekly Closing Price Open High Low Volume
22 Thu Feb 2024 16.14 17.71 17.86 15.20 0.721 times
16 Fri Feb 2024 17.74 18.19 18.56 16.41 0.898 times
09 Fri Feb 2024 18.33 18.26 19.89 17.33 0.832 times
02 Fri Feb 2024 18.47 16.75 20.21 16.36 1.286 times
26 Fri Jan 2024 16.49 14.34 17.41 13.90 1.439 times

Price has moved down 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 (BMEA)

Date Monthly Closing Price Open High Low Volume
22 Thu Feb 2024 16.14 18.23 20.21 15.20 0.699 times
31 Wed Jan 2024 18.08 14.50 19.50 13.44 0.349 times
29 Fri Dec 2023 14.52 15.51 22.74 10.35 2.903 times
30 Thu Nov 2023 15.07 10.30 15.30 8.13 2.036 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 (BMEA)

Price action analysis of ( (BMEA) ) 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 ( (BMEA) ) 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 ( (BMEA) ) 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 ( (BMEA) ) based on a mid to longer 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.

ADX buy sell signal for stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 16.99 and (BMEA) 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 (BMEA) stock. Volume based technical analysis of (BMEA) stock is negative.

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.

Price action analysis of ( (BMEA) ) 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 ( (BMEA) ) 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 ( (BMEA) ) 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 ( (BMEA) ) based on a mid to longer 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.

ADX buy sell signal for stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 16.99 and (BMEA) 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 (BMEA) stock. Volume based technical analysis of (BMEA) stock is negative.

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.

Daily charts

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

Daily chart
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