BICYCLE THERAPEUTICS PLC-ADR (BCYC) Stock Technical Analysis
USA - NASDAQ:BCYC - US0887861088 - ADR
Taking everything into account, BCYC scores 0 out of 10 in our technical rating. BCYC'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.
BCYC 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
6.11
When analyzing the resistance we notice 4 important areas.
- Resistance @6.84 from a horizontal line in the daily time frame.
- Resistance @8.07 from a trend line in the weekly time frame.
- Resistance @8.44 from a trend line in the daily time frame.
- A resistance zone ranging from 8.63 to 8.87. 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 | DOWN | NEGATIVE | The long term trend for BCYC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BCYC is down. |
| ChartMill Relative Strength | 7.98 | NEGATIVE | BCYC has a low relative strength, it was outperformed by 92.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BCYC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BCYC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BCYC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.93 | NEUTRAL | The RSI value for BCYC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BCYC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.03 | OVERSOLD | The low Stochastics value suggests BCYC may be oversold. |
| Average True Range in percent/ATR (20) | 8.42 | HIGH VOLATILITY | The high ATR as a percentage value for BCYC suggests high volalility. |
| Average Directional Index/ADX (14) | 20.12 | NEUTRAL | The ADX value for BCYC suggests a possible start of a new trend. |
6.17
-0.08 (-1.28%)
BICYCLE THERAPEUTICS PLC-ADR / BCYC FAQ
What is the technical rating for BCYC stock?
ChartMill assigns a technical rating of 0 / 10 to BCYC.
What is the current trend direction of BICYCLE THERAPEUTICS PLC-ADR (BCYC) stock?
The current trend direction for BICYCLE THERAPEUTICS PLC-ADR (BCYC) is Bearish.
What is the RSI signal for BCYC stock?
BICYCLE THERAPEUTICS PLC-ADR (BCYC) has an RSI value of 34.9301. This indicates that the stock is currently neutral.
What is the buy/sell signal for BCYC stock?
The buy/sell signal for BICYCLE THERAPEUTICS PLC-ADR (BCYC) is sell as both the short term and long term trends are negative.
What is the support and resistance level for BCYC stock?
BICYCLE THERAPEUTICS PLC-ADR (BCYC) has a resistance level at 6.84. Check the full technical report for our detailed analysis of BCYC support and resistance levels.