US stock / ETF

BitMine Immersion Technologies, Inc.

BMNR · AMEX · USD

1 monthBearish56%
Monthly Downside probability 56%Bearish

BMNR 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: Dow Theory structure confirms LH/LL

Confirmation Trigger

Recover -- and stabilize above resistance $161.

Invalidation Trigger

Break above $161 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 43.1, MACD --

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $13.32 (55.77%)

Monthly

EMA Structure

Range
EMA 8$22.78Bullish
EMA 21--Range
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 43.1 · MACD --

Momentum is weak

Strength
Bullish
Volatility
ATR $13.32 · BB --%

High volatility

Strength
Bearish
Volume
MFI 47.6 · OBV --%

Relative to 20-period average volume

Strength
Range
Price Levels
$3.92 - $161

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+629.7% · 11.3 ATR above latest close

$174.32
Nearest resistance

+573.92% · 10.3 ATR above · 16-bar high

$161
Current price

Price shown is delayed

$23.89
Nearest support

-83.59% · 1.5 ATR below · 16-bar low

$3.92
Deeper support zone

-139.37% · 2.5 ATR below latest close

-$9.4
ATR zone

Latest close ± ATR14

$10.57 - $37.21

Indicators

Trend

Dow Theory Structure

Confirmation $12.8, invalidation $24.11

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$1.43Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

--%Bearish

Volatility

ATR (14)

High volatility

$13.32 (55.77%)Bearish
Bollinger Bands (20,2)

Width --%

--%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

-- / --Bearish
ATR channel lower / upper

Current Volatility Envelope

$10.57 / $37.21Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161Range
Support

Nearest Downside Decision Level

$3.92Range

Momentum

RSI (14)

Momentum is weak

43.1Bearish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

-- / --Bearish
Williams %R (14)

Oversold zone

-81.2Bullish
CCI (20)

Balanced zone

--Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.6Range
OBV slope

20-period OBV slope

--%Bearish
Volume ratio

Relative to 20-period average volume

--xBearish

Trend

Dow Theory Structure

Confirmation $12.8, invalidation $24.11

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$1.43Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

--%Bearish

Momentum

RSI (14)

Momentum is weak

43.1Bearish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

-- / --Bearish
Williams %R (14)

Oversold zone

-81.2Bullish
CCI (20)

Balanced zone

--Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$13.32 (55.77%)Bearish
Bollinger Bands (20,2)

Width --%

--%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

-- / --Bearish
ATR channel lower / upper

Current Volatility Envelope

$10.57 / $37.21Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.6Range
OBV slope

20-period OBV slope

--%Bearish
Volume ratio

Relative to 20-period average volume

--xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161Range
Support

Nearest Downside Decision Level

$3.92Range

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