Taking everything into account, BBOT scores 5 out of 10 in our technical rating. In the last year, BBOT 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.
Although the technical rating is only medium, BBOT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 11.32, 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. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.84
We found 1 important support area.
- A support zone ranging from 10.95 to 11.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 13.70 to 13.74. 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 BBOT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBOT is up. |
| 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 | MIXED | The current price of BBOT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBOT is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 52.06 | NEUTRAL | The RSI value for BBOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BBOT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.76 | NEUTRAL | The Stochastics value for BBOT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.81 | HIGH VOLATILITY | The high ATR as a percentage value for BBOT suggests high volalility. |
| Average Directional Index/ADX (14) | 27.89 | POSITIVE | The high ADX value value for BBOT suggests a strong trend. |
12.53
-0.61 (-4.64%)
BRIDGEBIO ONCOLOGY THERAPEUT / BBOT FAQ
What is the technical rating for BBOT stock?
ChartMill assigns a technical rating of 5 / 10 to BBOT.
Can you provide the trend direction for BRIDGEBIO ONCOLOGY THERAPEUT?
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 52.0554. This indicates that the stock is currently neutral.
What is the MACD signal for BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) stock?
The MACD indicator for BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) has a value of 0.00665842, indicating a bearish trend.
What is the short term momentum for BBOT stock?
The short term momentum for BRIDGEBIO ONCOLOGY THERAPEUT (BBOT) is positive.