BIOCARTIS GROUP NV (BCART.BR) Stock Technical Analysis
Europe - EBR:BCART - BE0974281132 - Common Stock
We assign a technical rating of 0 out of 10 to BCART. BCART's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BCART has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
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.
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. |
EBR:BCART (9/22/2023, 7:00:00 PM)
0.29
+0.01 (+1.75%)
BIOCARTIS GROUP NV / BCART.BR 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.
What is the current trend direction of BIOCARTIS GROUP NV (BCART.BR) stock?
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.
What is the short term momentum for BIOCARTIS GROUP NV (BCART.BR) stock?
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.