BMI Technical Signal Analysis
BMI have 5 buy signals and 5 sell signals now. The current trend is consolidation starting from 2025-03-10. The total price change during this trend is -6.81%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of BMI over last 5 trading day is $47,431,670.80
5 Bullish Signal
5 Bearish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
28.53
Bullish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
8.3
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-237.28
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
5.27
Bullish
Williams %R (14 days)
WILLR_14 < -80
-88.69
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-6.3
Bearish
Momentum (10 days)
MOM_10 < 0
-12.93
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-3.38
Bearish
Closing price
close < fibonacci_S1
195.11
Bearish
Moving Average
10-day SMA crosses below 200-day SMA
--
Bearish
5 Bullish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
28.53
Bullish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
8.3
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-237.28
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
5.27
Bullish
Williams %R (14 days)
WILLR_14 < -80
-88.69
Bullish
BMI Support and Resistance Level
The support levels for BMI are at 196.35, 191.17, and 182.8, while the resistance levels are at 213.09, 218.27, and 226.64. With the current stock price at 197.91, it is leaning more toward the support levels.
BMI Technical Analysis
Technical Analysis of BMI Stock
Current Price and Key Metrics
As of the latest data, BMI is trading at $213.00. Below are the key technical indicators and metrics:
- RSI (6, 12, 14): 57.70, 49.93, 49.33
- Stochastic Oscillator (%K, %D): 32.35, 29.56
- MACD Line: -1.41
- Signal Line: -0.12
- Fibonacci Levels:
- Pivot: 209.57
- Resistance Levels: 213.20, 215.45, 219.08
- Support Levels: 205.94, 203.69, 200.06
Technical Analysis Insights
The stock is currently trading near the lower end of its Bollinger Bands, suggesting potential overselling. The RSI is neutral, indicating no overbought conditions. The MACD is slightly bearish but nearing a potential crossover, which could signal a bullish reversal.
Price Target and Recommendation
Based on the Fibonacci levels and technical indicators, the stock is expected to rebound from its current support level.
Buy Price: $213.00
Target Price: $215.45
Stop Loss: $205.94
Recommendation: BUY BMI stock at the current price of $213.00 with a target of $215.45.
BMI FAQs
Which bull technical signals does BMI have?
Which bearish technical signals does BMI have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for BMI stock?
Is BMI a buy based on overall technical signals summary?
BMI Buy or Sell
BMI has 5 buy signals and 5 sell signals now. Overall the technical rating for BMI is Neutral.
Neutral
Sell
5
Buy
5
BMI Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 197.91 below the SMA_5. In the short term, the stock shows a negative trend with the 204.15 below the SMA_20. In the mid term, the stock shows a negative trend with the 210.26 below the SMA_60. In the long term, the stock shows a positive trend with the 213.66 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about BMI's current trend?What are BMI's key support and resistance levels?