BIOCRYST PHARMACEUTICALS INC (BCRX) Stock Technical Analysis
NASDAQ:BCRX - Nasdaq - US09058V1035 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to BCRX. Although BCRX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BCRX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
BCRX is part of the Biotechnology industry. There are 560 other stocks in this industry. BCRX outperforms 76% of them.
BCRX has an average volume of 4874290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that BCRX is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
BCRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BCRX is lagging the market.
Considerably lower volume is observed in the last couple of days.
BCRX has a poor technical rating and the quality of the setup is also only medium 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
7.43
11.14
2 important support areas can be observed.
- A support zone ranging from 8.75 to 8.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.95 to 9.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.03 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 BCRX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BCRX is down. |
| ChartMill Relative Strength | 82.43 | POSITIVE | BCRX has a high relative strength, it outperformed 82.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BCRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BCRX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BCRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.2 | NEUTRAL | The RSI value for BCRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BCRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.73 | OVERSOLD | The low Stochastics value suggests BCRX may be oversold. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for BCRX suggests some volalility. |
| Average Directional Index/ADX (14) | 35.62 | POSITIVE | The high ADX value value for BCRX 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)
8.76
-0.12 (-1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.35%
1 Week-2.01%
2 Weeks-9.32%
1 Month-17.44%
3 Month28.45%
6 Month14.21%
12 Month22.52%
2 Year18.54%
3 Year-20.51%
5 Year115.23%
10 Year-43.41%
15 Year46.73%
Volatility
ATR(14)0.33
ATR(20)%3.72%
ATR Inc-40.04%
Range Today0.18
ADR(20)0.31
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.43
Mansfield-0.15
10 Day High10.07
10 Day Low8.69
20 Day High10.64
20 Day Low8.69
52 Week High11.31
52 Week Low6.01
CS1 End8.75
CR1 Start8.95
Volume & EV
DER(3)0.25%
DER(5)1.06%
Volume2.42M
Volume Incr-21.12%
Vol(5)2.82M
Vol(50)4.87M