US stock / ETF

BitMine Immersion Technologies, Inc.

BMNR · AMEX · USD

1 dayBearish82%
Daily Downside probability 82%Bearish

BMNR 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $23.25 and stabilize above resistance $28.86.

Invalidation Trigger

Break above $28.86 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 40.0, MACD -0.265

Daily
Volatility EnvironmentBearish
High volatility

ATR is $1.32 (6.09%)

Daily

EMA Structure

Range
EMA 8$22.21Bearish
EMA 21$23.25Bearish
EMA 50$23.15Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.0 · MACD -0.265

Momentum is weak

Strength
Bearish
Volatility
ATR $1.32 · BB 29.23%

High volatility

Strength
Bearish
Volume
MFI 54.8 · OBV -70.67%

Relative to 20-period average volume

Strength
Range
Price Levels
$20.55 - $28.86

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+39.58% · 6.5 ATR above latest close

$30.18
Nearest resistance

+33.49% · 5.5 ATR above · 34-bar high

$28.86
Current price

Price shown is delayed

$21.62
Nearest support

-4.95% · 0.8 ATR below · 34-bar low

$20.55
Deeper support zone

-11.04% · 1.8 ATR below latest close

$19.23
ATR zone

Latest close ± ATR14

$20.3 - $22.94

Indicators

Trend

Dow Theory Structure

Confirmation $24.54, invalidation $21.27

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

58.4 / 13.7 / 33.8Bearish
Supertrend (10,3)

Price is above Supertrend

$16.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.57 / $23.49Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Volatility

ATR (14)

High volatility

$1.32 (6.09%)Bearish
Bollinger Bands (20,2)

Width 29.23%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$26.2 / $20.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$20.3 / $22.94Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$28.86Range
Support

Nearest Downside Decision Level

$20.55Range

Momentum

RSI (14)

Momentum is weak

40.0Bearish
MACD (12,26,9)

Histogram is negative

-0.265Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.5 / 24.4Bullish
Williams %R (14)

Neutral zone

-73.5Range
CCI (20)

Balanced zone

-97.3Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.8Range
OBV slope

20-period OBV slope

-70.67%Bearish
Volume ratio

Relative to 20-period average volume

1.19xBullish

Trend

Dow Theory Structure

Confirmation $24.54, invalidation $21.27

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

58.4 / 13.7 / 33.8Bearish
Supertrend (10,3)

Price is above Supertrend

$16.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.57 / $23.49Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Momentum

RSI (14)

Momentum is weak

40.0Bearish
MACD (12,26,9)

Histogram is negative

-0.265Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.5 / 24.4Bullish
Williams %R (14)

Neutral zone

-73.5Range
CCI (20)

Balanced zone

-97.3Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$1.32 (6.09%)Bearish
Bollinger Bands (20,2)

Width 29.23%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$26.2 / $20.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$20.3 / $22.94Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.8Range
OBV slope

20-period OBV slope

-70.67%Bearish
Volume ratio

Relative to 20-period average volume

1.19xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$28.86Range
Support

Nearest Downside Decision Level

$20.55Range

Related Forecasts