BICARA THERAPEUTICS INC (BCAX) Stock Technical Analysis
USA - NASDAQ:BCAX - US0554771032 - Common Stock
18.25 USD
-0.43 (-2.3%)
17.37 USD
-0.88 (-4.82%)
Taking everything into account, BCAX scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BCAX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month BCAX has a been trading in the 10.29 - 19.71 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BCAX is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
BCAX is an average performer in the Biotechnology industry, it outperforms 68% of 534 stocks in the same industry.
BCAX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BCAX is lagging the market.
Volume is considerably higher in the last couple of days.
Although BCAX has an excellent technical rating, the quality of the presented setup is not ideal 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
10.91
18.43
We found 2 important support areas.
- Support @17.31 from a horizontal line in the daily time frame.
- A support zone ranging from 11.02 to 11.04. 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 BCAX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCAX is up. |
| ChartMill Relative Strength | 85.55 | POSITIVE | BCAX has a high relative strength, it outperformed 85.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCAX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCAX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BCAX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.13 | NEUTRAL | The RSI value for BCAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests BCAX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.45 | OVERBOUGHT | The high Stochastics value suggests BCAX may be overbought. |
| Average True Range in percent/ATR (20) | 7.27 | HIGH VOLATILITY | The high ATR as a percentage value for BCAX suggests high volalility. |
| Average Directional Index/ADX (14) | 46.99 | POSITIVE | The high ADX value value for BCAX suggests a strong 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)
18.25
-0.43 (-2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.3%
1 Week2.64%
2 Weeks7.1%
1 Month74.81%
3 Month66.97%
6 Month50.08%
12 Month-16.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.34
ATR(20)%7.27%
ATR Inc-50.82%
Range Today0.78
ADR(20)1.3
ADR(20)%7.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.55
Mansfield1.82
10 Day High19.71
10 Day Low16.46
20 Day High19.71
20 Day Low10.3
52 Week High28.09
52 Week Low7.8
CS1 End17.31
CR1 StartN/A
Volume & EV
DER(3)-0.6%
DER(5)-1.82%
Volume377.40K
Volume Incr17.67%
Vol(5)747.36K
Vol(50)466.45K