Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Biomea Fusion, Inc. (NASDAQ:BMEA)

Long-Term Downtrend (-90) - BMEA is in a strong downtrend that is likely to continue. While BMEA is showing intraday strength, it remains in the confines of a bearish trend. 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
11.030 11.545 10.220 10.830 -0.330
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 Apr 15th, 2024 at 12.3000

Smart Scan Analysis for BMEA

Based on our trend formula, BMEA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BMEA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.030 11.545 10.220 10.830 -0.330
Prev. Close Volume Bid Ask Time
11.160 1106002 2024-04-19 15:59:32
52wk High43.6952wk High Date2023-06-08
52wk Low8.12552wk Low Date2023-11-13
Average Volume1,035,939Shares Outstanding35,706
Assets199,927,000MLiabilities30,690,000M
Get a free daily analysis and signals for Biomea Fusion, Inc. (BMEA) - Request Your Free Report.