Biocartis Group NV (BCART.BR) Technical Analysis
EBR:BCART • BE0974281132
Current stock price
BCART.BR Technical Rating and Analysis
Taking everything into account, BCART scores 0 out of 10 in our technical rating. BCART scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BCART is a bad performer in the overall market: 98% of all stocks are doing better.
- BCART is part of the Health Care Equipment & Supplies industry. There are 61 other stocks in this industry, of which 80% are performing better than BCART.
- BCART is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BCART is lagging the market.
- In the last month BCART has a been trading in the 0.28 - 0.35 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
BCART.BR Weekly and Daily overview Charts
BCART.BR Setup Rating and Analysis
Although the technical rating is bad, BCART does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
BCART.BR Support and Resistance Analysis
0.29
3 important resistance areas can be observed.
- A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.34 from a trend line in the daily time frame.
- Resistance @0.37 from a horizontal line in the daily time frame.
BCART.BR Technical Indicator Signal Analysis
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 BCART.BR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BCART.BR is down. |
| ChartMill Relative Strength | 2.66 | NEGATIVE | BCART.BR has a low relative strength, it was outperformed by 97.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BCART.BR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BCART.BR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BCART.BR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.7 | OVERSOLD | The low RSI value suggests BCART.BR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BCART.BR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.6 | OVERSOLD | The low Stochastics value suggests BCART.BR may be oversold. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for BCART.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.45 | NEGATIVE | The low ADX value for BCART.BR suggests a weak or negative trend. |
BCART.BR Chart- and CandleStick Pattern Analysis
BCART.BR Technicals: Chart, Performance Metrics, Trend & Indicators
EBR:BCART (9/22/2023, 7:00:00 PM)
0.29
+0.01 (+1.75%)
Biocartis Group NV / BCART.BR TA FAQ
What is the ChartMill technical rating of Biocartis Group NV (BCART.BR) stock?
ChartMill assigns a technical rating of 0 / 10 to BCART.BR.
Can you provide the trend direction for Biocartis Group NV?
The current trend direction for Biocartis Group NV (BCART.BR) is Bearish.
What is the RSI signal for Biocartis Group NV (BCART.BR) stock?
Biocartis Group NV (BCART.BR) has an RSI value of 29.7022. This indicates that the stock is currently oversold.
Can you provide the short term momentum for Biocartis Group NV?
The short term momentum for Biocartis Group NV (BCART.BR) is negative.
What are the support and resistance levels for Biocartis Group NV (BCART.BR) stock?
Biocartis Group NV (BCART.BR) has a resistance level at 0.3. Check the full technical report for our detailed analysis of BCART.BR support and resistance levels.