BICYCLE THERAPEUTICS PLC-ADR (BCYC) Stock Technical Analysis
NASDAQ:BCYC - Nasdaq - US0887861088 - ADR - Currency: USD
Overall BCYC gets a technical rating of 0 out of 10. BCYC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BCYC is a bad performer in the overall market: 94% of all stocks are doing better.
BCYC is part of the Biotechnology industry. There are 560 other stocks in this industry, of which 66% are performing better than BCYC.
BCYC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BCYC is lagging the market.
In the last month BCYC has a been trading in the 7.39 - 9.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BCYC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.02, a Stop Loss order could be placed below this zone.
More info and screens
7.32
8.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.98 to 8.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.39 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.17 to 8.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.64 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 | DOWN | NEGATIVE | The long term trend for BCYC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BCYC is neutral. |
| ChartMill Relative Strength | 6.27 | NEGATIVE | BCYC has a low relative strength, it was outperformed by 93.73% 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) | 46.74 | NEUTRAL | The RSI value for BCYC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BCYC has a negative trend. |
| Stochastics (14,3) | 38.59 | NEUTRAL | The Stochastics value for BCYC is a neutral value. |
| Average True Range in percent/ATR (20) | 7 | HIGH VOLATILITY | The high ATR as a percentage value for BCYC suggests high volalility. |
| Average Directional Index/ADX (14) | 12.97 | NEGATIVE | The low ADX value for BCYC suggests a weak or negative 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)
8.03
-0.02 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.25%
1 Week-6.95%
2 Weeks-6.63%
1 Month-4.4%
3 Month-26.8%
6 Month-60.64%
12 Month-63.81%
2 Year-66.51%
3 Year-49.78%
5 Year-55.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%7%
ATR Inc-35.79%
Range Today0.57
ADR(20)0.55
ADR(20)%6.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.27
Mansfield-5.47
10 Day High8.8
10 Day Low7.83
20 Day High9.55
20 Day Low7.39
52 Week High28.67
52 Week Low6.1
CS1 End8.02
CR1 Start8.17
Volume & EV
DER(3)-6.58%
DER(5)-6.36%
Volume133.33K
Volume Incr-46.82%
Vol(5)212.57K
Vol(50)385.05K