BIOATLA INC (BCAB) Stock Technical Analysis
NASDAQ:BCAB - US09077B1044 - Common Stock
0.4555 USD
+0.04 (+8.45%)
0.46 USD
+0 (+0.99%)
Overall BCAB gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BCAB was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, BCAB is a bad performer in the overall market: 94% of all stocks are doing better.
BCAB is one of the lesser performing stocks in the Biotechnology industry. 72% of 547 stocks in the same industry do better.
BCAB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BCAB has a been trading in the 0.33 - 0.46 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BCAB 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
0.34
0.46
We found 3 important support areas.
- Support @0.36 from a trend line in the daily time frame.
- Support @0.35 from a trend line in the daily time frame.
- Support @0.34 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for BCAB is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCAB is up. |
| ChartMill Relative Strength | 6.46 | NEGATIVE | BCAB has a low relative strength, it was outperformed by 93.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BCAB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.88 | NEUTRAL | The RSI value for BCAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BCAB has a positive trend. |
| Stochastics (14,3) | 84.53 | OVERBOUGHT | The high Stochastics value suggests BCAB may be overbought. |
| Average True Range in percent/ATR (20) | 7.34 | HIGH VOLATILITY | The high ATR as a percentage value for BCAB suggests high volalility. |
| Average Directional Index/ADX (14) | 14.3 | NEGATIVE | The low ADX value for BCAB suggests a weak or negative 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)
0.4555
+0.04 (+8.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg8.45%
1 Week27.88%
2 Weeks23.88%
1 Month38.03%
3 Month11.37%
6 Month39.81%
12 Month-74.27%
2 Year-81.85%
3 Year-94.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%7.34%
ATR Inc29.62%
Range Today0.05
ADR(20)0.03
ADR(20)%7.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.46
Mansfield-4.98
10 Day High0.46
10 Day Low0.35
20 Day High0.46
20 Day Low0.33
52 Week High2.53
52 Week Low0.24
CS1 End0.36
CR1 StartN/A
Volume & EV
DER(3)12.74%
DER(5)12.18%
Volume686.80K
Volume Incr109.28%
Vol(5)993.16K
Vol(50)665.24K