Bioanalytical Syst (BASI) Technical Analysis
NASDAQ:BASI
Current stock price
BASI Technical Rating and Analysis
Taking everything into account, BASI scores 10 out of 10 in our technical rating. 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 may just continue or reversal may be around the corner!
- 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 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.
BASI Weekly and Daily overview Charts
BASI Setup Rating and Analysis
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
BASI Support and Resistance Analysis
13.90
When analyzing the support we can see 2 important 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.
BASI 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.
| 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. |
BASI Chart- and CandleStick Pattern Analysis
BASI Technicals: Chart, Performance Metrics, Trend & Indicators
16.44
+1.42 (+9.45%)
Bioanalytical Syst / BASI TA 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.
What is the RSI signal for Bioanalytical Syst (BASI) stock?
Bioanalytical Syst (BASI) has an RSI value of 51.1214. This indicates that the stock is currently neutral.
What is the support and resistance level for BASI stock?
Bioanalytical Syst (BASI) has a support level at 14.38. Check the full technical report for our detailed analysis of BASI support and resistance levels.