BIOCARDIA INC (BCDA) Stock Technical Analysis
NASDAQ:BCDA - Nasdaq - US09060U6064 - Common Stock - Currency: USD
Taking everything into account, BCDA scores 2 out of 10 in our technical rating. BCDA'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, BCDA is a bad performer in the overall market: 91% of all stocks are doing better.
BCDA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BCDA is lagging the market.
In the last month BCDA has a been trading in the 2.06 - 2.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
BCDA is an average performer in the Biotechnology industry, it outperforms 41% of 553 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
The technical rating of BCDA is bad and it also does not present a quality setup 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
1.92
2.87
2 important support areas can be observed.
- Support @2.05 from a trend line in the daily time frame.
- A support zone ranging from 1.94 to 1.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.24 to 2.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.40 to 2.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.70 from a trend line in the weekly time frame.
- Resistance @2.84 from a horizontal line in the weekly 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 BCDA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BCDA is down. |
| ChartMill Relative Strength | 9.62 | NEGATIVE | BCDA has a low relative strength, it was outperformed by 90.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BCDA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BCDA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BCDA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.02 | NEUTRAL | The RSI value for BCDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BCDA has a negative trend. |
| Stochastics (14,3) | 14.21 | OVERSOLD | The low Stochastics value suggests BCDA may be oversold. |
| Average True Range in percent/ATR (20) | 5.94 | HIGH VOLATILITY | The high ATR as a percentage value for BCDA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.53 | NEGATIVE | The low ADX value for BCDA 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)
2.13
-0.01 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.47%
1 Week-9.36%
2 Weeks-4.48%
1 Month0.47%
3 Month-20.52%
6 Month-13.77%
12 Month-29%
2 Year-81.79%
3 Year-92.86%
5 Year-93.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%5.94%
ATR Inc-19.8%
Range Today0.07
ADR(20)0.12
ADR(20)%5.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.62
Mansfield-1.63
10 Day High2.42
10 Day Low2.06
20 Day High2.45
20 Day Low2.06
52 Week High4.66
52 Week Low1.63
CS1 End2.05
CR1 Start2.24
Volume & EV
DER(3)12.04%
DER(5)6.99%
Volume15.40K
Volume Incr-89.9%
Vol(5)24.04K
Vol(50)123.76K