Red List

BMIBadger Meter, Inc.

Technology · Scientific & Technical Instruments · mid-cap ($3.7B)
-50.8%
from rolling 252-day high of $253.42 set 2025-06-03 · 359d ago
Current
$124.74
Decline depth
-50.8%
Decline σ
1.9σ
TFC
3/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since tracking began

$BMI has been tracked since 2026-03-01. It was down 40.6% from its 52-week high then — now down -50.8%.

That's 4.4 percentage points deeper than the day it joined. It bottomed 55.7% below that high along the way.

Decline from the 52-week high as it stood on 2026-03-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

BMI qualifies for the Red List on decline depth.

Decline depth
-50.8%
From rolling 252-day high of $253.42, 359d ago. Past the 40% Red List threshold.
Time-frame continuity
3/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3. Past the 3/5 Watch threshold.
Decline sigma
1.9σ
Drop from local high over the last 5 bars, expressed in units of the stock's typical daily volatility (2.14% per day).

The structural read

What price action says about BMI.

BMI qualifies for the Red List on decline depth — down -50.8% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.

Cross-confirmation: also showing 3/5 bearish time frames.

Upstream TFC read: weak alignment, current phase daily. Last bar types — daily 2D (red), weekly 2U (red), monthly 1 (green).

Earnings on file: 2026-04-17. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $112.09 8.8% of range 52W high $256.08

Sector context · Technology

179 other Technology tickers are on Broken Stocks.

113 Red List
45 Amber
21 Watch
-42.1% Median decline

Worst in sector: DUOL (-79.9%). Least-bad: SONO (-20.0%). See all Technology listings →

Questions about BMI

What people ask.

Why is BMI on Broken Stocks?

BMI qualifies for the Red List on decline depth. It is down -50.8% from its rolling 252-day high of $253.42, set on 2025-06-03 — 359d ago.

Is BMI a falling knife?

Not by the strict technical definition. BMI is down -50.8% from its 52-week high, but that high was set 359d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. BMI is still on the Red List for decline depth, but the freshness component of a falling knife is missing.

Is BMI a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is BMI trading inside its 52-week range?

At $124.74, BMI sits 8.8% of the way from its 52-week low ($112.09) to its 52-week high ($256.08). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has BMI been declining?

The current 50.8% decline accrued over 359d, which annualizes to roughly -51.6% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does BMI compare to its sector?

There are 179 other Technology tickers on Broken Stocks: 113 Red, 45 Amber, 21 Watch, with 115 showing recovering structural signals. Median sector decline is -42.1% — BMI's decline is deeper than the sector median.

Does BMI's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-04-17) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.