Bioanalytical Syst (BASI) Stock Technical Analysis
NASDAQ:BASI - Nasdaq -
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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, BASI did better than 96% of all other stocks. On top of that, BASI also shows a nice and consistent pattern of rising prices.
BASI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BASI is lagging the market slightly.
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.
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.
More info and screens
13.90
16.60
2 important support areas can be observed.
- 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.
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 | UP | POSITIVE | The long term trend for BASI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BASI is neutral. |
| ChartMill Relative Strength | 96.63 | POSITIVE | BASI has a high relative strength, it outperformed 96.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BASI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BASI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BASI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.12 | NEUTRAL | The RSI value for BASI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests BASI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.34 | NEUTRAL | The Stochastics value for BASI is a neutral value. |
| Average True Range in percent/ATR (20) | 11.07 | HIGH VOLATILITY | The high ATR as a percentage value for BASI suggests high volalility. |
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)
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
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