Beamr Imaging Ltd. Stock Forecast
High volatility in Beamr Imaging Ltd. stock price on Friday which ended trading at $6.04
(Updated on Apr 26, 2024)
The Beamr Imaging Ltd. stock price gained 9.82% on the last trading day (Friday, 26th Apr 2024), rising from $5.50 to $6.04. During the last trading day the stock fluctuated 12.52% from a day low at $5.51 to a day high of $6.20. The price has been going up and down for this period, and there has been a -1.63% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 327 thousand more shares were traded than the day before. In total, 541 thousand shares were bought and sold for approximately $3.27 million.
The stock lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.87% during the next 3 months and, with a 90% probability hold a price between $2.04 and $16.93 at the end of this 3-month period.
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BMR Signals & Forecast
There are mixed signals in the stock today. The Beamr Imaging Ltd. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $6.32. On a fall, the stock will find some support from the short-term average at $5.61. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, February 14, 2024, and so far it has fallen -62.46%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Beamr Imaging Ltd. stock
Beamr Imaging Ltd. finds support from accumulated volume at $5.97 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.690 between high and low, or 12.52%. For the last week, the stock has had daily average volatility of 8.65%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BMR) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Beamr Imaging Ltd. to open at $5.92, and during the day (based on 14 day Average True Range), to move between $5.21 and $6.87, which gives a possible trading interval of +/-$0.83 (+/-13.78%) up or down from last closing price. If Beamr Imaging Ltd. takes out the full calculated possible swing range there will be an estimated 27.57% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $5.97 (1.16%) than the resistance at $6.90 (14.24%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Beamr Imaging Ltd. stock A Buy?
Beamr Imaging Ltd. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -3.391 Sell Candidate Unchanged
Predicted Opening Price for Beamr Imaging Ltd. of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $5.92 ( 2.04%) | $6.04 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BMR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 6.61 | 9.38 % | |
| R2 | 6.34 | 5.02 % | ||
| R1 | 6.18 | 2.32 % | ||
| Current price: | 6.04 | |||
| Support | S1 | 5.65 | -6.41 % | |
| S2 | 5.49 | -9.10 % | ||
| S3 | 5.23 | -13.46 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 7.50 | 24.17 % | |
| R2 | 7.13 | 18.05 % | ||
| R1 | 6.90 | 14.24 % | ||
| Current price | 6.04 | |||
| Support | S1 | 5.97 | -1.16% | |
| S2 | 5.91 | -2.15% | ||
| S3 | 5.49 | -9.11% |
BMR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 16, 2015 | Sep 28, 2015 | Oct 15, 2015 | $0.260 | 1.11% |
| 2 | Jun 15, 2015 | Jun 26, 2015 | Jul 15, 2015 | $0.260 | 1.28% |
| 3 | Mar 16, 2015 | Mar 27, 2015 | Apr 15, 2015 | $0.260 | 1.24% |
| 4 | Dec 11, 2014 | Dec 29, 2014 | Jan 15, 2015 | $0.260 | 1.08% |
| 5 | Dec 11, 2014 | Dec 18, 2014 | Dec 29, 2014 | $0.300 | 1.38% |
FAQ
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