BIOCRYST PHARMACEUTICALS INC (BCRX) Stock Technical Analysis
NASDAQ:BCRX - Nasdaq - US09058V1035 - Common Stock - Currency: USD
Taking everything into account, BCRX scores 10 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, BCRX is showing a nice and steady performance.
In the last month BCRX has a been trading in the 9.95 - 11.31 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 is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that BCRX is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, BCRX also shows a nice and consistent pattern of rising prices.
BCRX is one of the better performing stocks in the Biotechnology industry, it outperforms 93% of 559 stocks in the same industry.
BCRX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BCRX is performing more or less in line with the market.
BCRX has an average volume of 4939580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
BCRX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 11.03. Right above this resistance zone may be a good entry point.
More info and screens
7.23
11.31
2 important support areas can be observed.
- A support zone ranging from 10.36 to 10.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.30 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.03 to 11.20. 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 BCRX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BCRX is neutral. |
| ChartMill Relative Strength | 94.67 | POSITIVE | BCRX has a high relative strength, it outperformed 94.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BCRX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BCRX is above 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) | 50.75 | NEUTRAL | The RSI value for BCRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests BCRX has a negative trend. |
| Stochastics (14,3) | 28.43 | NEUTRAL | The Stochastics value for BCRX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for BCRX suggests some volalility. |
| Average Directional Index/ADX (14) | 41.54 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.86 | 10.35 | 0.51 (4.68%) | 21.37% |
| An entry @10.86. This is a Buy Stop order right above the 10 day moving average. | An exit @10.35. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.51 points, which is 4.68%. | When investing 21.37% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BCRX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.37
-0.03 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.29%
1 Week-6.07%
2 Weeks-3.53%
1 Month1.57%
3 Month34.68%
6 Month37.72%
12 Month68.07%
2 Year47.3%
3 Year-1.98%
5 Year117.63%
10 Year-30.54%
15 Year75.47%
Volatility
ATR(14)0.36
ATR(20)%3.59%
ATR Inc-23.5%
Range Today0.3
ADR(20)0.37
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.67
Mansfield2.4
10 Day High11.31
10 Day Low10.16
20 Day High11.31
20 Day Low9.95
52 Week High11.31
52 Week Low5.92
CS1 End10.36
CR1 Start11.03
Volume & EV
DER(3)-4.43%
DER(5)-1.41%
Volume2.66M
Volume Incr-34.78%
Vol(5)3.07M
Vol(50)4.94M