Overall BBNX gets a technical rating of 7 out of 10. Although BBNX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
BBNX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 29.24, a Stop Loss order could be placed below this zone.
More info and screens
17.03
4 important support areas can be observed.
- A support zone ranging from 29.03 to 29.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.31 from a horizontal line in the daily time frame.
- Support @24.56 from a trend line in the daily time frame.
- A support zone ranging from 17.20 to 17.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 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). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBNX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.58 | NEUTRAL | The RSI value for BBNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests BBNX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.35 | NEUTRAL | The Stochastics value for BBNX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.56 | HIGH VOLATILITY | The high ATR as a percentage value for BBNX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.88 | NEUTRAL | The ADX value for BBNX suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 30.65 | 29.02 | 1.63 (5.32%) | 18.80% |
| An entry @30.65. This is a Buy Stop order right above the 10 day high. | An exit @29.02. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.63 points, which is 5.32%. | When investing 18.80% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BBNX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
29.25
+0.19 (+0.65%)
BETA BIONICS INC / BBNX FAQ
What is the technical rating for BBNX stock?
ChartMill assigns a technical rating of 7 / 10 to BBNX.
Can you provide the trend direction for BETA BIONICS INC?
The current trend direction for BETA BIONICS INC (BBNX) is Bullish.
What is the RSI signal for BBNX stock?
BETA BIONICS INC (BBNX) has an RSI value of 53.5811. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BETA BIONICS INC?
The short term momentum for BETA BIONICS INC (BBNX) is positive.
Can you provide the buy/sell signal for BETA BIONICS INC?
The buy/sell signal for BETA BIONICS INC (BBNX) is buy as both the short term and long term trends are positive.