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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Biomea Fusion, Inc. (NASDAQ:BMEA)

Strong Downtrend (-100) - BMEA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BMEA continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BMEA?

MarketClub looks at technical strength and momentum to determine if the timing is right for BMEA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BMEA
Open High Low BMEA Price Change
11.760 12.010 10.885 11.065 -0.935
Entry Signal

MarketClub’s Trade Triangles for BMEA

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 13.4407

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2024 at 16.3602

short term down The short-term trend has been DOWN since May 8th, 2024 at 11.7700

Smart Scan Analysis for BMEA

Based on our trend formula, BMEA is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for BMEA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.760 12.010 10.885 11.065 -0.935
Prev. Close Volume Bid Ask Time
12.000 543685 2024-05-08 15:59:39
52wk High43.6952wk High Date2023-06-08
52wk Low8.12552wk Low Date2023-11-13
Average Volume777,432Shares Outstanding35,945
Assets168,494,000MLiabilities33,180,000M
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