BICARA THERAPEUTICS INC (BCAX) Stock Technical Analysis
NASDAQ:BCAX - Nasdaq - US0554771032 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BCAX. BCAX'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.
When comparing the yearly performance of all stocks, BCAX is a bad performer in the overall market: 100% of all stocks are doing better.
BCAX is one of the lesser performing stocks in the Biotechnology industry. 92% of 559 stocks in the same industry do better.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
In the last month BCAX has a been trading in the 7.80 - 15.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BCAX has a poor technical rating and the quality of the setup is also not perfect 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
9.15
15.79
We found 1 important support area.
- A support zone ranging from 9.24 to 9.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.77 to 11.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @14.60 from a trend line in the daily time frame.
- Resistance @15.63 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 | NEUTRAL | NEUTRAL | The long term trend for BCAX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BCAX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BCAX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BCAX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BCAX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 44.07 | NEUTRAL | The RSI value for BCAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests BCAX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.34 | NEUTRAL | The Stochastics value for BCAX is a neutral value. |
| Average True Range in percent/ATR (20) | 13.84 | HIGH VOLATILITY | The high ATR as a percentage value for BCAX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.65 | NEGATIVE | The low ADX value for BCAX 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)
10.84
-0.73 (-6.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.31%
1 Week-5.74%
2 Weeks17.19%
1 Month-25.09%
3 Month-12.72%
6 Month-38.06%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.99
ATR(20)%13.84%
ATR Inc-52.32%
Range Today0.84
ADR(20)1.29
ADR(20)%11.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High12.74
10 Day Low9.3
20 Day High15.77
20 Day Low7.8
52 Week HighN/A
52 Week LowN/A
CS1 End9.37
CR1 Start11.77
Volume & EV
DER(3)-4.34%
DER(5)-3.46%
Volume443.50K
Volume Incr-60.24%
Vol(5)551.94K
Vol(50)901.13K