BONE BIOLOGICS CORP (BBLG) Stock Technical Analysis
NASDAQ:BBLG - US0980705018 - Common Stock
2.15 USD
-0.01 (-0.46%)
2.1303 USD
-0.02 (-0.92%)
Overall BBLG gets a technical rating of 0 out of 10. BBLG'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.
99% of all other stocks performed better in the past year than BBLG.
BBLG is one of the lesser performing stocks in the Biotechnology industry. 87% of 545 stocks in the same industry do better.
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.
In the last month BBLG has a been trading in the 2.08 - 2.82 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
BBLG has a poor technical rating and the quality of the setup is also not perfect 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
2.13
5.33
4 important resistance areas can be observed.
- Resistance @2.63 from a trend line in the weekly time frame.
- Resistance @3.65 from a trend line in the weekly time frame.
- Resistance @5.16 from a horizontal line in the daily time frame.
- Resistance @5.28 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 | DOWN | NEGATIVE | The long term trend for BBLG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BBLG is down. |
| ChartMill Relative Strength | 1.18 | NEGATIVE | BBLG has a low relative strength, it was outperformed by 98.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BBLG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BBLG is below a declining 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) | 31.33 | NEUTRAL | The RSI value for BBLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BBLG has a positive trend. |
| Stochastics (14,3) | 21.56 | NEUTRAL | The Stochastics value for BBLG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.87 | HIGH VOLATILITY | The high ATR as a percentage value for BBLG suggests high volalility. |
| Average Directional Index/ADX (14) | 22.68 | NEUTRAL | The ADX value for BBLG suggests a possible start of a new 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)
2.15
-0.01 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.46%
1 Week-2.27%
2 Weeks-2.27%
1 Month-21.25%
3 Month-59.28%
6 Month-59.68%
12 Month-74.4%
2 Year-93.38%
3 Year-99.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%5.87%
ATR Inc-43.45%
Range Today0.06
ADR(20)0.12
ADR(20)%5.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.18
Mansfield-6.69
10 Day High2.29
10 Day Low2.08
20 Day High2.82
20 Day Low2.08
52 Week High16.5
52 Week Low2.08
CS1 EndN/A
CR1 Start2.63
Volume & EV
DER(3)-8.97%
DER(5)-4.71%
Volume11.30K
Volume Incr-65.96%
Vol(5)15.14K
Vol(50)623.11K