Technical Analysis for BMEA - Biomea Fusion, Inc.

Grade Last Price % Change Price Change
F 7.11 0.14% 0.01
BMEA closed down 11.42 percent on Wednesday, November 13, 2024, on 1.28 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Wide Bands Range Expansion 0.14%
Down 3 Days in a Row Weakness 0.14%
Oversold Stochastic Weakness 0.14%
Doji - Bullish? Reversal -11.30%
Wide Bands Range Expansion -11.30%
Oversold Stochastic Weakness -11.30%
NR7 Range Contraction -11.52%
NR7-2 Range Contraction -11.52%
Narrow Range Bar Range Contraction -11.52%
Wide Bands Range Expansion -11.52%

   Recent Intraday Alerts

Alert Time
Up 5% about 6 hours ago
60 Minute Opening Range Breakout about 6 hours ago
Up 3% about 7 hours ago
Up 2% about 7 hours ago
Down 2 % about 7 hours ago

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Profile

Biomea Fusion, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of irreversible small molecules to treat patients with genetically defined cancers. Its lead product candidate is BMF-219, an orally bioavailable, potent, and selective irreversible inhibitor of MENIN, a transcriptional regulator in oncogenic signaling in multiple cancers. The company was founded in 2017 and is based in Redwood City, California.
Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biopharmaceutical Cancer

Is BMEA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

T

TraderMike over 1 year ago

I found this on the "Calm After Storm" scan today (I also like the NR7 & Doji).  These little biotechs are always interesting after having a big pop based on some good/promising news.  The standard plan seems to be to immediately issue a secondary offering -- which BMEA did.  So now I'm looking for it to climb back above that offering price of $30 and retest the March high.

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Indicators

Indicator Value
52 Week High 22.74
52 Week Low 3.61
Average Volume 808,590
200-Day Moving Average 10.39
50-Day Moving Average 9.53
20-Day Moving Average 10.01
10-Day Moving Average 8.45
Average True Range 0.79
RSI (14) 26.47
ADX 33.67
+DI 17.12
-DI 33.10
Chandelier Exit (Long, 3 ATRs) 10.47
Chandelier Exit (Short, 3 ATRs) 9.46
Upper Bollinger Bands 13.34
Lower Bollinger Band 6.68
Percent B (%b) 0.06
BandWidth 66.52
MACD Line -0.65
MACD Signal Line -0.24
MACD Histogram -0.4141
Fundamentals Value
Market Cap 253.33 Million
Num Shares 35.7 Million
EPS -3.33
Price-to-Earnings (P/E) Ratio -2.13
Price-to-Sales 0.00
Price-to-Book 3.18
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.66
Resistance 3 (R3) 8.83 8.48 8.40
Resistance 2 (R2) 8.48 8.08 8.39 8.31
Resistance 1 (R1) 7.79 7.83 7.61 7.62 8.23
Pivot Point 7.43 7.43 7.34 7.35 7.43
Support 1 (S1) 6.74 7.03 6.56 6.57 5.96
Support 2 (S2) 6.39 6.78 6.30 5.88
Support 3 (S3) 5.70 6.39 5.79
Support 4 (S4) 5.53