BETA BIONICS INC (BBNX) Stock Technical Analysis
NASDAQ:BBNX - Nasdaq - US08659B1026 - Common Stock - Currency: USD
Overall BBNX gets a technical rating of 4 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.
BBNX is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 94% are performing better than BBNX.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month BBNX has a been trading in the 12.26 - 17.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
12.53
18.79
We found 3 important support areas.
- A support zone ranging from 14.70 to 14.73. 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 13.28 to 13.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.66 to 12.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 16.35 to 16.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.79 from a horizontal line in the daily time frame.
- Resistance @18.60 from a trend 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 | POSITIVE | The current price of BBNX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BBNX is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 47.46 | NEUTRAL | The RSI value for BBNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BBNX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.24 | NEUTRAL | The Stochastics value for BBNX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.86 | HIGH VOLATILITY | The high ATR as a percentage value for BBNX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.01 | 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)
14.74
-0.35 (-2.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.32%
1 Week-10.12%
2 Weeks-0.67%
1 Month16.34%
3 Month5.66%
6 Month-37.28%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%6.86%
ATR Inc-6.01%
Range Today1.19
ADR(20)0.99
ADR(20)%6.74%
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 High17.5
10 Day Low13.75
20 Day High17.5
20 Day Low12.26
52 Week HighN/A
52 Week LowN/A
CS1 End14.73
CR1 Start16.35
Volume & EV
DER(3)-1.61%
DER(5)-0.66%
Volume488.80K
Volume Incr1.84%
Vol(5)563.56K
Vol(50)571.32K