BRIACELL THERAPEUTICS CORP (BCTX) Stock Technical Analysis
NASDAQ:BCTX • CA1079303071
We assign a technical rating of 0 out of 10 to BCTX. BCTX'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BCTX is a bad performer in the overall market: 99% of all stocks are doing better.
- BCTX is one of the lesser performing stocks in the Biotechnology industry. 89% of 523 stocks in the same industry do better.
- BCTX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month BCTX has a been trading in the 4.01 - 5.16 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BCTX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
4.05
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.25 to 4.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.39 from a trend 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 | DOWN | NEGATIVE | The long term trend for BCTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BCTX is down. |
| ChartMill Relative Strength | 1.33 | NEGATIVE | BCTX has a low relative strength, it was outperformed by 98.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BCTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BCTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BCTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.98 | NEUTRAL | The RSI value for BCTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests BCTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.75 | OVERSOLD | The low Stochastics value suggests BCTX may be oversold. |
| Average True Range in percent/ATR (20) | 7.48 | HIGH VOLATILITY | The high ATR as a percentage value for BCTX suggests high volalility. |
| Average Directional Index/ADX (14) | 7.84 | NEGATIVE | The low ADX value for BCTX suggests a weak or negative trend. |
4.095
-0.12 (-2.73%)
BRIACELL THERAPEUTICS CORP / BCTX FAQ
What is the ChartMill technical rating of BRIACELL THERAPEUTICS CORP (BCTX) stock?
ChartMill assigns a technical rating of 0 / 10 to BCTX.
Can you provide the trend direction for BRIACELL THERAPEUTICS CORP?
The current trend direction for BRIACELL THERAPEUTICS CORP (BCTX) is Bearish.
What is the RSI signal for BCTX stock?
BRIACELL THERAPEUTICS CORP (BCTX) has an RSI value of 36.9801. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BRIACELL THERAPEUTICS CORP?
The short term momentum for BRIACELL THERAPEUTICS CORP (BCTX) is negative.
Can you provide the support and resistance levels for BRIACELL THERAPEUTICS CORP?
BRIACELL THERAPEUTICS CORP (BCTX) has a resistance level at 4.25. Check the full technical report for our detailed analysis of BCTX support and resistance levels.