Stock Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
Biomerica, Inc (NASDAQ:BMRA)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BMRA
The long term trend has been UP since Jul 30th, 2019 at 3.430
The intermediate term trend has been DOWN since Aug 20th, 2019 at 2.870
The short term trend has been UP since Sep 11th, 2019 at 3.085
Smart Scan Analysis for BMRA
Based on a pre-defined weighted trend formula for chart analysis, BMRA scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||9.32||Year High Date||2018-01-10|
|Year Low||2.51||Year Low Date||2018-11-02|
|52wk High||4.2969||52wk High Date||2018-06-01|
|52wk Low||1.6||52wk Low Date||2018-12-28|
|Year End Close||0.842||Average Volume||9,707|
|Shares Outstanding||9,667||% Institutional||7.5|