Stock Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
BRAZIL MINERALS INC (NASDAQ:BMIX)
Sidelines Mode (-55) - BMIX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BMIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BMIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BMIX
The long-term trend has been DOWN since Jun 15th, 2021 at 0.0127
The intermediate-term trend has been DOWN since Oct 5th, 2021 at 0.0090
The short-term trend has been UP since Oct 15th, 2021 at 0.0082
Smart Scan Analysis for BMIX
Based on our trend formula, BMIX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0058||Year High Date||2018-01-02|
|Year Low||0.0008||Year Low Date||2018-08-09|
|52wk High||0.1||52wk High Date||2021-01-26|
|52wk Low||0.0007||52wk Low Date||2020-12-03|
|Average Volume||10,238,194||Shares Outstanding||2,925,793|