BICYCLE THERAPEUTICS PLC-ADR (BCYC) Stock Technical Analysis
USA - NASDAQ:BCYC - US0887861088 - ADR
7.4 USD
-0.14 (-1.86%)
7.4 USD
0 (0%)
Overall BCYC gets a technical rating of 2 out of 10. In the past year, BCYC 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.
94% of all other stocks performed better in the past year than BCYC.
BCYC is one of the lesser performing stocks in the Biotechnology industry. 76% of 538 stocks in the same industry do better.
BCYC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month BCYC has a been trading in the 6.75 - 7.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BCYC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BCYC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.83
8.72
We found 1 important support area.
- A support zone ranging from 6.90 to 6.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.41 to 7.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.22 to 8.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.63 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 | UP | POSITIVE | The short term trend for BCYC is up. |
| ChartMill Relative Strength | 6.07 | NEGATIVE | BCYC has a low relative strength, it was outperformed by 93.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BCYC is above the rising 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) | 54.18 | NEUTRAL | The RSI value for BCYC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BCYC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.89 | NEUTRAL | The Stochastics value for BCYC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.04 | HIGH VOLATILITY | The high ATR as a percentage value for BCYC suggests high volalility. |
| Average Directional Index/ADX (14) | 10.78 | 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)
7.4
-0.14 (-1.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.86%
1 Week6.78%
2 Weeks4.67%
1 Month4.52%
3 Month2.21%
6 Month-17.5%
12 Month-68.12%
2 Year-63.17%
3 Year-68.19%
5 Year-61.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%5.04%
ATR Inc-27.7%
Range Today0.15
ADR(20)0.37
ADR(20)%4.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.07
Mansfield-4.53
10 Day High7.78
10 Day Low6.77
20 Day High7.78
20 Day Low6.75
52 Week High28.67
52 Week Low6.1
CS1 End6.95
CR1 Start7.41
Volume & EV
DER(3)6.5%
DER(5)5.84%
Volume126.40K
Volume Incr23.37%
Vol(5)278.90K
Vol(50)266.64K