BONE BIOLOGICS CORP (BBLG) Stock Technical Analysis
NASDAQ:BBLG - Nasdaq - US0980705018 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to BBLG. In the past year, BBLG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
89% of all other stocks performed better in the past year than BBLG.
BBLG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
BBLG is an average performer in the Biotechnology industry, it outperforms 46% of 559 stocks in the same industry.
In the last month BBLG has a been trading in the 3.90 - 6.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BBLG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
3.98
7.15
We found 2 important support areas.
- A support zone ranging from 4.52 to 4.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @5.29 from a horizontal line in the weekly time frame.
- Resistance @5.57 from a horizontal line in the daily time frame.
- Resistance @7.08 from a trend 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 | DOWN | NEGATIVE | The long term trend for BBLG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBLG is neutral. |
| ChartMill Relative Strength | 11.37 | NEGATIVE | BBLG has a low relative strength, it was outperformed by 88.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBLG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBLG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BBLG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.44 | NEUTRAL | The RSI value for BBLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BBLG has a negative trend. |
| Stochastics (14,3) | 39 | NEUTRAL | The Stochastics value for BBLG is a neutral value. |
| Average True Range in percent/ATR (20) | 13.41 | HIGH VOLATILITY | The high ATR as a percentage value for BBLG suggests high volalility. |
| Average Directional Index/ADX (14) | 34.82 | POSITIVE | The high ADX value value for BBLG suggests a strong trend. |
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)
4.91
-0.65 (-11.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-11.69%
1 Week-1.17%
2 Weeks-1.91%
1 Month5.59%
3 Month-1.41%
6 Month-26.93%
12 Month-45.81%
2 Year-92.85%
3 Year-99.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%13.41%
ATR Inc68.54%
Range Today0.63
ADR(20)0.65
ADR(20)%13.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.37
Mansfield-3.5
10 Day High6
10 Day Low4.33
20 Day High6.6
20 Day Low3.9
52 Week High25.5
52 Week Low3.42
CS1 End4.53
CR1 Start5.29
Volume & EV
DER(3)-2.54%
DER(5)-1.95%
Volume59.40K
Volume Incr-50.92%
Vol(5)167.00K
Vol(50)175.09K