We assign a technical rating of 10 out of 10 to BBIO. Both in the recent history as in the last year, BBIO has proven to be a steady performer, scoring decent points in every aspect analyzed.
BBIO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
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44.34
4 important support areas can be observed.
- Support @69.77 from a trend line in the daily time frame.
- A support zone ranging from 64.62 to 65.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @60.90 from a trend line in the daily time frame.
- Support @44.79 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 75.15 to 75.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BBIO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBIO is up. |
| ChartMill Relative Strength | 97.73 | POSITIVE | BBIO has a high relative strength, it outperformed 97.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBIO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBIO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.61 | NEUTRAL | The RSI value for BBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests BBIO has a negative trend. |
| Stochastics (14,3) | 69.27 | NEUTRAL | The Stochastics value for BBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for BBIO suggests some volalility. |
| Average Directional Index/ADX (14) | 41.78 | POSITIVE | The high ADX value value for BBIO suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 75.70 | 70.34 | 5.36 (7.08%) | 14.12% |
| An entry @75.70. This is a Buy Stop order right above the resistance zone. | An exit @70.34. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.36 points, which is 7.08%. | When investing 14.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
74.14
+0.12 (+0.16%)
BRIDGEBIO PHARMA INC / BBIO FAQ
What is the technical rating for BBIO stock?
ChartMill assigns a technical rating of 10 / 10 to BBIO.
What is the current trend direction of BRIDGEBIO PHARMA INC (BBIO) stock?
The current trend direction for BRIDGEBIO PHARMA INC (BBIO) is Bullish.
Can you provide the RSI signal for BRIDGEBIO PHARMA INC?
BRIDGEBIO PHARMA INC (BBIO) has an RSI value of 61.612. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BRIDGEBIO PHARMA INC?
The MACD indicator for BRIDGEBIO PHARMA INC (BBIO) has a value of -0.315068, indicating a bearish trend.
Can you provide the buy/sell signal for BRIDGEBIO PHARMA INC?
The buy/sell signal for BRIDGEBIO PHARMA INC (BBIO) is buy as both the short term and long term trends are positive.