BETA BIONICS INC (BBNX) Stock Technical Analysis
USA - NASDAQ:BBNX - US08659B1026 - Common Stock
20.21 USD
+0.34 (+1.71%)
20.21 USD
0 (0%)
Overall BBNX gets a technical rating of 6 out of 10. 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.
100% of all other stocks performed better in the past year than BBNX.
BBNX is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 91% of 191 stocks in the same industry do better.
In the last month BBNX has a been trading in the 18.92 - 26.66 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
BBNX has an average technical rating and it also 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
20.41
When analyzing the support we can see 5 important areas.
- Support @20.03 from a trend line in the daily time frame.
- A support zone ranging from 19.53 to 19.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.18 from a trend line in the daily time frame.
- Support @15.04 from a trend line in the weekly time frame.
- Support @12.84 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 | NEUTRAL | NEUTRAL | The short term trend for BBNX is neutral. |
| 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 | MIXED | The current price of BBNX is below 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) | 45.87 | NEUTRAL | The RSI value for BBNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.69 | NEGATIVE | The MACD value suggests BBNX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.67 | OVERSOLD | The low Stochastics value suggests BBNX may be oversold. |
| Average True Range in percent/ATR (20) | 7.44 | HIGH VOLATILITY | The high ATR as a percentage value for BBNX suggests high volalility. |
| Average Directional Index/ADX (14) | 28.07 | POSITIVE | The high ADX value value for BBNX 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)
20.21
+0.34 (+1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.71%
1 Week-11.09%
2 Weeks-12.55%
1 Month2.69%
3 Month49.48%
6 Month103.94%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.47
ATR(20)%7.44%
ATR Inc-11.25%
Range Today2.01
ADR(20)1.48
ADR(20)%7.35%
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 High23.71
10 Day Low18.92
20 Day High26.66
20 Day Low18.92
52 Week HighN/A
52 Week LowN/A
CS1 End20.03
CR1 StartN/A
Volume & EV
DER(3)2.86%
DER(5)3.29%
Volume868.15K
Volume Incr-11.61%
Vol(5)881.01K
Vol(50)848.63K