BONE BIOLOGICS CORP (BBLG) Stock Technical Analysis
USA - NASDAQ:BBLG - US0980706008 - Common Stock
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.
The technical rating of BBLG 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
2.22
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.51 to 2.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.69 from a trend line in the daily time frame.
- Resistance @2.85 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 | 2.9 | NEGATIVE | BBLG has a low relative strength, it was outperformed by 97.1% 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) | 42.26 | NEUTRAL | The RSI value for BBLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BBLG has a negative trend. |
| Stochastics (14,3) | 10.42 | OVERSOLD | The low Stochastics value suggests BBLG may be oversold. |
| Average True Range in percent/ATR (20) | 9.23 | HIGH VOLATILITY | The high ATR as a percentage value for BBLG suggests high volalility. |
| Average Directional Index/ADX (14) | 26.53 | POSITIVE | The high ADX value value for BBLG suggests a strong trend. |
2.24
+0.03 (+1.36%)
BONE BIOLOGICS CORP / BBLG FAQ
Can you provide the ChartMill technical rating for BONE BIOLOGICS CORP?
ChartMill assigns a technical rating of 0 / 10 to BBLG.
What is the current trend direction of BONE BIOLOGICS CORP (BBLG) stock?
The current trend direction for BONE BIOLOGICS CORP (BBLG) is Bearish.
What is the RSI signal for BBLG stock?
BONE BIOLOGICS CORP (BBLG) has an RSI value of 42.2601. This indicates that the stock is currently neutral.
What is the short term momentum for BBLG stock?
The short term momentum for BONE BIOLOGICS CORP (BBLG) is negative.
What is the buy/sell signal for BBLG stock?
The buy/sell signal for BONE BIOLOGICS CORP (BBLG) is sell as both the short term and long term trends are negative.