Logo image of BDMS

Birner Dental Management Services (BDMS) Stock Technical Analysis

USA - NASDAQ:BDMS -

13.18
-1.67 (-11.25%)
Last: 5/25/2016, 8:20:21 PM
Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to BDMS. In the last year, BDMS was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

Warning: BDMS has an average volume of 5520 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
BDMS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BDMS is lagging the market slightly.
In the last month BDMS has a been trading in the 8.63 - 15.00 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.
When comparing the yearly performance of all stocks, we notice that BDMS is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
Birner Dental Management Services / BDMS Weekly stock chart
Birner Dental Management Services / BDMS Daily stock chart
Setup Rating and Analysis

2

Although BDMS 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.

Support and Resistance Analysis

9.02

16.39

When analyzing the support we notice one important area.

  • Support @9.11 from a trend line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 13.21 to 13.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Resistance @16.23 from a trend line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for BDMS is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for BDMS is up.
ChartMill Relative Strength80.92POSITIVEBDMS has a high relative strength, it outperformed 80.92% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of BDMS is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BDMS is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of BDMS is above a declining SMA(200).
Relative Strength Index/RSI (14)64.8NEUTRALThe RSI value for BDMS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.37POSITIVEThe MACD value suggests BDMS has a positive trend, although the MACD value is declining.
Stochastics (14,3)86.95OVERBOUGHTThe high Stochastics value suggests BDMS may be overbought.
Average True Range in percent/ATR (20)6.8HIGH VOLATILITYThe high ATR as a percentage value for BDMS suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
Birner Dental Management Services / BDMS Daily stock chart

Birner Dental Management Services

NASDAQ:BDMS (5/25/2016, 8:20:21 PM)

13.18

-1.67 (-11.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-11.25%
1 Week20.15%
2 Weeks20.48%
1 Month41.87%
3 Month38.45%
6 Month-0.53%
12 Month-1.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%6.8%
ATR Inc106.12%
Range Today0.83
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.92
Mansfield0.97
10 Day High15
10 Day Low10.42
20 Day High15
20 Day Low8.63
52 Week High15
52 Week Low8.63
CS1 End9.11
CR1 Start13.21
Volume & EV
DER(3)9.03%
DER(5)11.22%
Volume3.60K
Volume Incr40.95%
Vol(5)10.86K
Vol(50)5.52K