We assign a technical rating of 1 out of 10 to BBOT. In the last year, BBOT was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
BBOT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 11.43, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BBOT in the last couple of days, which is a good sign.
10.95
We found 1 important support area.
We can see 2 important resistance areas.
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 BBOT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BBOT is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BBOT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BBOT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BBOT is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 44.15 | NEUTRAL | The RSI value for BBOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BBOT has a negative trend. |
| Stochastics (14,3) | 23.52 | NEUTRAL | The Stochastics value for BBOT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.67 | HIGH VOLATILITY | The high ATR as a percentage value for BBOT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.41 | NEGATIVE | The low ADX value for BBOT suggests a weak or negative trend. |
11.39
-0.07 (-0.61%)
ChartMill assigns a technical rating of 1 / 10 to BBOT.
The current trend direction for BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) is Bullish.
BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) has an RSI value of 44.1498. This indicates that the stock is currently neutral.
The short term momentum for BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) is negative.
BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) has a support level at 11.43 and a resistance level at 11.47. Check the full technical report for our detailed analysis of BBOT support and resistance levels.