BETA BIONICS INC (BBNX) Stock Technical Analysis
NASDAQ:BBNX - Nasdaq - US08659B1026 - Common Stock - Currency: USD
Overall BBNX gets a technical rating of 6 out of 10. In the last year, BBNX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, BBNX is a bad performer in the overall market: 100% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
BBNX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
BBNX is an average performer in the Health Care Equipment & Supplies industry, it outperforms 65% of 503 stocks in the same industry.
Although the technical rating is only medium, BBNX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 19.09. Right above this resistance zone may be a good entry point.
More info and screens
16.44
19.75
We found 1 important support area.
- Support @16.61 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.09 to 19.55. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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) | 57.41 | NEUTRAL | The RSI value for BBNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BBNX has a negative trend. |
| Stochastics (14,3) | 77.97 | NEUTRAL | The Stochastics value for BBNX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.85 | HIGH VOLATILITY | The high ATR as a percentage value for BBNX suggests high volalility. |
| Average Directional Index/ADX (14) | 35 | 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)
18.23
-1.22 (-6.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-6.27%
1 Week-5.4%
2 Weeks1.5%
1 Month20.73%
3 Month20.73%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.59
ATR(20)%7.85%
ATR Inc4.02%
Range Today2.41
ADR(20)1.43
ADR(20)%7.84%
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 High20.25
10 Day Low17.35
20 Day High20.25
20 Day Low14.12
52 Week HighN/A
52 Week LowN/A
CS1 End16.61
CR1 Start19.09
Volume & EV
DER(3)0.43%
DER(5)-1.7%
Volume451.20K
Volume Incr-24.77%
Vol(5)424.48K
Vol(50)482.82K