← All tickers

Is BMNR Worth Buying in 2026?

BitMine Immersion Technologies, Inc.

STOCK FINANCE SERVICES Updated 2026-08-16

Here’s whether BitMine Immersion Technologies, Inc. (BMNR) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.

🔴
Bearish

Positives: above the 50-day MA (medium-term momentum positive); RSI 51 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); 50-day MA is falling (-0.81% over 10 days); weak 1-year return of -70.1%; 3-month momentum negative (-9.0%). Currently 72.4% off its 52-week high. Score: -3/7.

Ready to act on this? 📈 Trade on Webull

BMNR is trading below its 200-day MA ($23.67) — a key warning sign the longer-term trend is under pressure. An RSI of 51.1 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -70.1% compares to +20.4% for SPY (trailed the market by 90.5%). The current 72.4% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $2,991 today
vs. S&P 500 (SPY) — same period trailed market by 90.5%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

✗Above 200-day MA ($23.67)
✓Above 50-day MA ($16.27)
✓RSI(14) neutral zone (30–70) — currently 51.1
✗Positive return (-70.1%)
!Within 10% of period high (−72.4%)
Period Range $18.08
$12.80 $65.60
RSI (14) 51.1
0 · OversoldOverbought · 100

Key Metrics

Price$18.08
Period Return-70.1%
Period High$65.60
Period Low$12.80
Drawdown−72.4%
MA-50$16.27
MA-200$23.67
RSI (14)51.1
Avg Volume (30d)32.5M
vs. SPYtrailed by 90.5%
Return Rank#1140 of 1252

Trade BMNR

📈 Trade on Webull 📊 Trade on moomoo 💹 Interactive Brokers