BPMC Technical Signal Analysis
BPMC have 0 buy signal and 3 sell signals now. The current trend is downtrend starting from 2025-01-07. The total price change during this trend is -4.80%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of BPMC over last 5 trading day is $85,155,354.09
0 Bullish Signal
3 Bearish Signal
Name
Signal
Value
Meaning
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-11.34
Bearish
Momentum (10 days)
MOM_10 < 0
-0.58
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-3.35
Bearish
0 Bullish Signal
Name
Signal
Value
Meaning
BPMC Support and Resistance Level
The support levels for BPMC are at 85.67, 82.81, and 78.18, while the resistance levels are at 94.94, 97.8, and 102.44. With the current stock price at 88.745, it is leaning more toward the support levels.
BPMC Technical Analysis
Technical Analysis of BPMC Stock
Current Price and Recent Performance
As of the latest data, BPMC is trading at $85.49. The stock closed the regular market session at $87.12, with a high of $90 and a low of $86.975. The volume was 908,608, indicating moderate trading activity.
Technical Indicators
- RSI (6, 12, 14): 28.98, 32.84, 34.23 (all below 50, indicating bearish momentum).
- Stochastic Oscillator (14,3,3): K line at 21.73, D line at 20.82 (oversold region).
- MACD (12,26,9): -3.81 (bearish), with a signal line of -3.21.
- Bollinger Bands (20,3): The stock is near the lower band, suggesting potential oversold conditions.
Fibonacci Levels
- Pivot Point: $91.05
- Resistance Levels: $95.24, $97.83, $102.01
- Support Levels: $86.87, $84.28, $80.09
Price Action and Trends
The stock attempted to break above $90 but failed, indicating strong resistance. The price is currently below the pivot point ($91.05), signaling bearish momentum. The recent price action suggests a downtrend, with the stock struggling to maintain upward momentum despite oversold conditions.
Volume Analysis
The volume has been decreasing over the past few sessions, indicating weak buying interest. This lack of conviction further supports the bearish case.
Recommendation
Based on the technical analysis, BPMC is in a downtrend. The stock is currently trading below key resistance levels and is showing bearish momentum.
Actionable Advice:
- Sell BPMC at $85.49.
- Target Price: $86.87 (first support level).
The stock may test lower levels if the bearish momentum continues.
BPMC FAQs
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Is BPMC a buy based on overall technical signals summary?
BPMC Buy or Sell
BPMC has 0 buy signals and 3 sell signals now. Overall the technical rating for BPMC is Sell.
Sell
Sell
3
Buy
0
BPMC 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 positive trend with the 88.745 above the SMA_5. In the short term, the stock shows a negative trend with the 88.38 below the SMA_20. In the mid term, the stock shows a negative trend with the 91.2 below the SMA_60. In the long term, the stock shows a positive trend with the 97.66 above the SMA_200.
Swing
Positive
Stock Price Above 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 BPMC's current trend?What are BPMC's key support and resistance levels?