BRICKELL BIOTECH INC (BBI) Technical Analysis
NASDAQ:BBI • US10802T2042
Current stock price
BBI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BBI. BBI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than BBI.
- BBI is one of the lesser performing stocks in the Biotechnology industry. 91% of 519 stocks in the same industry do better.
- BBI is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BBI is lagging the market.
- In the last month BBI has a been trading in the 2.21 - 3.83 range, which is quite wide. It is currently trading near the lows of this range.
- BBI has an average volume of 4604220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
BBI Weekly and Daily overview Charts
BBI Setup Rating and Analysis
The technical rating of BBI is bad and it also does not present a 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
BBI Support and Resistance Analysis
2.33
When analyzing the resistance we notice one important area.
- Resistance @2.74 from a trend line in the daily time frame.
BBI 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 | DOWN | NEGATIVE | The long term trend for BBI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BBI is down. |
| ChartMill Relative Strength | 0.89 | NEGATIVE | BBI has a low relative strength, it was outperformed by 99.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BBI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BBI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BBI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.24 | NEUTRAL | The RSI value for BBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BBI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.07 | OVERSOLD | The low Stochastics value suggests BBI may be oversold. |
| Average True Range in percent/ATR (20) | 11.2 | HIGH VOLATILITY | The high ATR as a percentage value for BBI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.88 | NEGATIVE | The low ADX value for BBI suggests a weak or negative trend. |
BBI Chart- and CandleStick Pattern Analysis
BBI Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:BBI (9/7/2022, 8:17:32 PM)
2.35
+0.05 (+2.17%)
BRICKELL BIOTECH INC / BBI TA FAQ
Can you provide the ChartMill technical rating for BRICKELL BIOTECH INC?
ChartMill assigns a technical rating of 0 / 10 to BBI.
What is the trend direction for BBI stock?
The current trend direction for BRICKELL BIOTECH INC (BBI) is Bearish.
What is the RSI signal for BBI stock?
BRICKELL BIOTECH INC (BBI) has an RSI value of 33.2381. This indicates that the stock is currently neutral.
What is the MACD signal for BBI stock?
The MACD indicator for BRICKELL BIOTECH INC (BBI) has a value of -0.0320177, indicating a bearish trend.
What is the buy/sell signal for BRICKELL BIOTECH INC (BBI) stock?
The buy/sell signal for BRICKELL BIOTECH INC (BBI) is sell as both the short term and long term trends are negative.