Logo image of BASI

Bioanalytical Syst (BASI) Stock Technical Analysis

USA - Nasdaq - NASDAQ:BASI -

16.44
+1.42 (+9.45%)
Last: 3/19/2021, 8:23:38 PM
15.65
-0.79 (-4.81%)
After Hours: 3/19/2021, 8:23:38 PM
Technical Rating and Analysis

10

Overall BASI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BASI has proven to be a steady performer, scoring decent points in every aspect analyzed.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, BASI did better than 96% of all other stocks. We also observe that the gains produced by BASI over the past year are nicely spread over this period.
BASI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BASI is lagging the market.
In the last month BASI has a been trading in the 12.50 - 21.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
Bioanalytical Syst / BASI Weekly stock chart
Bioanalytical Syst / BASI Daily stock chart
Setup Rating and Analysis

3

Although BASI has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

13.90

16.60

We found 2 important support areas.

  • A support zone ranging from 14.34 to 14.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @14.04 from a horizontal line in the daily time frame.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for BASI is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for BASI is neutral.
ChartMill Relative Strength96.63POSITIVEBASI has a high relative strength, it outperformed 96.63% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of BASI is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BASI is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BASI is above the rising SMA(200).
Relative Strength Index/RSI (14)51.12NEUTRALThe RSI value for BASI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.5NEGATIVEThe MACD value suggests BASI has a negative trend, although the MACD value is rising.
Stochastics (14,3)29.34NEUTRALThe Stochastics value for BASI is a neutral value.
Average True Range in percent/ATR (20)11.07HIGH VOLATILITYThe high ATR as a percentage value for BASI suggests high volalility.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Bioanalytical Syst / BASI Daily stock chart

Bioanalytical Syst

NASDAQ:BASI (3/19/2021, 8:23:38 PM)

After market: 15.65 -0.79 (-4.81%)

16.44

+1.42 (+9.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg9.45%
1 Week-7.74%
2 Weeks-4.7%
1 Month4.51%
3 Month92.73%
6 Month238.97%
12 Month415.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.8
ATR(20)%11.07%
ATR Inc-28.97%
Range Today1.88
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.63
3 months CRSN/A
6 months CRSN/A
Mansfield9.69
10 Day High19.74
10 Day Low12.81
20 Day High21.08
20 Day Low12.5
52 Week High21.08
52 Week Low3.05
CS1 End14.38
CR1 StartN/A
Volume & EV
DER(3)8.58%
DER(5)1.73%
Volume86.10K
Volume Incr117.27%
Vol(5)218.02K
Vol(50)120.97K

Bioanalytical Syst / BASI FAQ

Can you provide the ChartMill technical rating for Bioanalytical Syst?

ChartMill assigns a technical rating of 9 / 10 to BASI.


What is the trend direction for BASI stock?

The current trend direction for Bioanalytical Syst (BASI) is Bullish.


Can you provide the RSI signal for Bioanalytical Syst?

Bioanalytical Syst (BASI) has an RSI value of 51.1214. This indicates that the stock is currently neutral.


Can you provide the MACD signal for Bioanalytical Syst?

The MACD indicator for Bioanalytical Syst (BASI) has a value of -0.504176, indicating a bearish trend.


What is the short term momentum for BASI stock?

The short term momentum for Bioanalytical Syst (BASI) is neutral.