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.
Although BCAX has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
12.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.01 to 17.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.16 to 16.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.17 to 12.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @18.56 from a horizontal line in the weekly time frame.
- Resistance @19.11 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 | 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 | 89.53 | POSITIVE | BCAX has a high relative strength, it outperformed 89.53% 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) | 56.87 | NEUTRAL | The RSI value for BCAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BCAX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.38 | NEUTRAL | The Stochastics value for BCAX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for BCAX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.56 | NEUTRAL | The ADX value for BCAX suggests a possible start of a new trend. |
18.48
-0.37 (-1.96%)
BICARA THERAPEUTICS INC / BCAX FAQ
What is the ChartMill technical rating of BICARA THERAPEUTICS INC (BCAX) stock?
ChartMill assigns a technical rating of 9 / 10 to BCAX.
What is the trend direction for BCAX stock?
The current trend direction for BICARA THERAPEUTICS INC (BCAX) is Bullish.
What is the RSI signal for BICARA THERAPEUTICS INC (BCAX) stock?
BICARA THERAPEUTICS INC (BCAX) has an RSI value of 56.866. This indicates that the stock is currently neutral.
What is the MACD signal for BCAX stock?
The MACD indicator for BICARA THERAPEUTICS INC (BCAX) has a value of 0.0496962, indicating a bearish trend.
What is the buy/sell signal for BCAX stock?
The buy/sell signal for BICARA THERAPEUTICS INC (BCAX) is buy as both the short term and long term trends are positive.