BETA BIONICS INC (BBNX) Stock Technical Analysis
NASDAQ:BBNX - US08659B1026 - Common Stock
18.84 USD
+0.13 (+0.69%)
18.84 USD
0 (0%)
Taking everything into account, BBNX scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BBNX is a bad performer.
When comparing the yearly performance of all stocks, BBNX is a bad performer in the overall market: 100% of all stocks are doing better.
BBNX is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 91% of 190 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month BBNX has a been trading in the 14.04 - 19.32 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BBNX has an excellent technical rating, it does not offer a high 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
12.71
19.75
When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.25 to 15.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.92 to 14.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.84 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @19.09 from a horizontal line in the weekly time frame.
- Resistance @19.55 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 | UP | POSITIVE | The long term trend for BBNX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBNX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BBNX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBNX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBNX is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 65.85 | NEUTRAL | The RSI value for BBNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests BBNX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.54 | OVERBOUGHT | The high Stochastics value suggests BBNX may be overbought. |
| Average True Range in percent/ATR (20) | 6.12 | HIGH VOLATILITY | The high ATR as a percentage value for BBNX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for BBNX 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)
18.84
+0.13 (+0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.69%
1 Week10.5%
2 Weeks10.56%
1 Month14.88%
3 Month9.28%
6 Month-10.16%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.23
ATR(20)%6.12%
ATR Inc-26.4%
Range Today1.2
ADR(20)1.15
ADR(20)%6.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High19.32
10 Day Low14.75
20 Day High19.32
20 Day Low14.04
52 Week HighN/A
52 Week LowN/A
CS1 End15.32
CR1 Start19.09
Volume & EV
DER(3)3.71%
DER(5)2.98%
Volume385.00K
Volume Incr-49.9%
Vol(5)406.32K
Vol(50)588.34K