BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) Stock Technical Analysis
NASDAQ:BBOT • US1079241022
Overall BBOT gets a technical rating of 1 out of 10. BBOT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 100% of all other stocks performed better in the past year than BBOT.
- BBOT is part of the Biotechnology industry. There are 521 other stocks in this industry, of which 93% are performing better than BBOT.
- In the last month BBOT has a been trading in the 10.08 - 13.99 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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. We notice that large players showed an interest for BBOT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
10.04
2 important support areas can be observed.
- Support @10.65 from a horizontal line in the weekly time frame.
- A support zone ranging from 10.14 to 10.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.53 to 11.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.03 to 12.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @13.73 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 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) | 42.55 | NEUTRAL | The RSI value for BBOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BBOT has a negative trend. |
| Stochastics (14,3) | 26.72 | NEUTRAL | The Stochastics value for BBOT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.8 | HIGH VOLATILITY | The high ATR as a percentage value for BBOT suggests high volalility. |
| Average Directional Index/ADX (14) | 12.55 | NEGATIVE | The low ADX value for BBOT suggests a weak or negative trend. |
10.66
-0.59 (-5.24%)
BRIDGEBIO ONCOLOGY THERAPEUT / BBOT FAQ
What is the technical rating for BBOT stock?
ChartMill assigns a technical rating of 1 / 10 to BBOT.
What is the current trend direction of BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) stock?
The current trend direction for BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) is Bullish.
What is the RSI signal for BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) stock?
BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) has an RSI value of 42.5543. This indicates that the stock is currently neutral.
What is the short term momentum for BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) stock?
The short term momentum for BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) is negative.
Can you provide the support and resistance levels for BRIDGEBIO ONCOLOGY THERAPEUT?
BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) has a support level at 10.65 and a resistance level at 11.53. Check the full technical report for our detailed analysis of BBOT support and resistance levels.