NASDAQ:BAERW - Nasdaq - - Currency: USD
We assign a technical rating of 1 out of 10 to BAERW. BAERW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, BAERW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.04, a Stop Loss order could be placed below this zone.
0.04
When analyzing the support we notice one important area.
We can see 3 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BAERW is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BAERW is neutral. |
ChartMill Relative Strength | 6.16 | NEGATIVE | BAERW has a low relative strength, it was outperformed by 93.84% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of BAERW is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BAERW is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAERW is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.17 | NEUTRAL | The RSI value for BAERW is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BAERW has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 14.27 | OVERSOLD | The low Stochastics value suggests BAERW may be oversold. |
Average True Range in percent/ATR (20) | 17.02 | HIGH VOLATILITY | The high ATR as a percentage value for BAERW suggests high volalility. |
Average Directional Index/ADX (14) | 13.37 | NEGATIVE | The low ADX value for BAERW suggests a weak or negative trend. |
0.0601
+0 (+4.52%)