BIOCRYST PHARMACEUTICALS INC (BCRX) Stock Technical Analysis
NASDAQ:BCRX • US09058V1035
We assign a technical rating of 3 out of 10 to BCRX. In the past year, BCRX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 77% of all other stocks performed better in the past year than BCRX.
- BCRX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month BCRX has a been trading in the 6.23 - 7.48 range, which is quite wide. It is currently trading near the high of this range.
- BCRX has an average volume of 4167040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- BCRX is part of the Biotechnology industry. There are 521 other stocks in this industry, BCRX did better than 47% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of BCRX is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.31
2 important support areas can be observed.
- A support zone ranging from 6.72 to 6.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.37 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.64 to 7.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.85 to 7.93. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for BCRX is up. |
| ChartMill Relative Strength | 23.96 | NEGATIVE | BCRX has a low relative strength, it was outperformed by 76.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BCRX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BCRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.41 | NEUTRAL | The RSI value for BCRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests BCRX has a positive trend. |
| Stochastics (14,3) | 94.68 | OVERBOUGHT | The high Stochastics value suggests BCRX may be overbought. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for BCRX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.04 | NEGATIVE | The low ADX value for BCRX suggests a weak or negative trend. |
7.48
+0.22 (+3.03%)
BIOCRYST PHARMACEUTICALS INC / BCRX FAQ
Can you provide the ChartMill technical rating for BIOCRYST PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 3 / 10 to BCRX.
What is the trend direction for BCRX stock?
The current trend direction for BIOCRYST PHARMACEUTICALS INC (BCRX) is Bearish.
What is the RSI signal for BIOCRYST PHARMACEUTICALS INC (BCRX) stock?
BIOCRYST PHARMACEUTICALS INC (BCRX) has an RSI value of 64.4059. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for BIOCRYST PHARMACEUTICALS INC?
BIOCRYST PHARMACEUTICALS INC (BCRX) has a support level at 6.76 and a resistance level at 7.64. Check the full technical report for our detailed analysis of BCRX support and resistance levels.