BAIRD MEDICAL INVESTMENT HOL (BDMD) Stock Technical Analysis
NASDAQ:BDMD • KYG0705H1039
Taking everything into account, BDMD scores 7 out of 10 in our technical rating. In the last year, BDMD was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 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.
- BDMD is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry. BDMD outperforms 85% of them.
- In the last month BDMD has a been trading in the 0.76 - 3.70 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- BDMD has an average volume of 2037830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, BDMD did better than 79% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- BDMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BDMD is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BDMD has an excellent technical rating, it does not offer a high quality setup 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
2.78
We found 1 important resistance area.
- A resistance zone ranging from 2.99 to 2.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BDMD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BDMD is up. |
| ChartMill Relative Strength | 79.25 | POSITIVE | BDMD has a high relative strength, it outperformed 79.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BDMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BDMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BDMD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 79.5 | OVERBOUGHT | The high RSI value suggests BDMD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests BDMD has a positive trend. |
| Stochastics (14,3) | 83.48 | OVERBOUGHT | The high Stochastics value suggests BDMD may be overbought. |
| Average True Range in percent/ATR (20) | 13.35 | HIGH VOLATILITY | The high ATR as a percentage value for BDMD suggests high volalility. |
| Average Directional Index/ADX (14) | 50.97 | POSITIVE | The high ADX value value for BDMD suggests a strong trend. |
2.81
-0.17 (-5.7%)
BAIRD MEDICAL INVESTMENT HOL / BDMD FAQ
What is the ChartMill technical rating of BAIRD MEDICAL INVESTMENT HOL (BDMD) stock?
ChartMill assigns a technical rating of 7 / 10 to BDMD.
What is the current trend direction of BAIRD MEDICAL INVESTMENT HOL (BDMD) stock?
The current trend direction for BAIRD MEDICAL INVESTMENT HOL (BDMD) is Bearish.
What is the RSI signal for BAIRD MEDICAL INVESTMENT HOL (BDMD) stock?
BAIRD MEDICAL INVESTMENT HOL (BDMD) has an RSI value of 79.5014. This indicates that the stock is currently overbought.
Can you provide the support and resistance levels for BAIRD MEDICAL INVESTMENT HOL?
BAIRD MEDICAL INVESTMENT HOL (BDMD) has a resistance level at 2.99. Check the full technical report for our detailed analysis of BDMD support and resistance levels.