BIODEXA PHARMACEUTICALS-ADR (BDRX) Stock Technical Analysis
NASDAQ:BDRX - Nasdaq - US59564R8079 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to BDRX. BDRX'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
99% of all other stocks performed better in the past year than BDRX.
BDRX is part of the Biotechnology industry. There are 558 other stocks in this industry, of which 86% are performing better than BDRX.
BDRX 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.
In the last month BDRX has a been trading in the 0.78 - 1.33 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.
BDRX has an average volume of 3120190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of BDRX is bad and it also does not present a 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
0.84
1.30
When analyzing the support we notice one important area.
- A support zone ranging from 0.85 to 0.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.10 to 1.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.29 from a trend 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 BDRX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BDRX is neutral. |
| ChartMill Relative Strength | 1.33 | NEGATIVE | BDRX has a low relative strength, it was outperformed by 98.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BDRX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BDRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BDRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.26 | NEUTRAL | The RSI value for BDRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BDRX has a positive trend. |
| Stochastics (14,3) | 35.42 | NEUTRAL | The Stochastics value for BDRX is a neutral value. |
| Average True Range in percent/ATR (20) | 12.07 | HIGH VOLATILITY | The high ATR as a percentage value for BDRX suggests high volalility. |
| Average Directional Index/ADX (14) | 9.61 | NEGATIVE | The low ADX value for BDRX 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)
0.98
+0.11 (+12.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg12.13%
1 Week13.23%
2 Weeks12.64%
1 Month-10.91%
3 Month-31.47%
6 Month-77.1%
12 Month-95.1%
2 Year-99.28%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%12.07%
ATR Inc305.16%
Range Today0.51
ADR(20)0.11
ADR(20)%11.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.33
Mansfield-8.2
10 Day High1.33
10 Day Low0.82
20 Day High1.33
20 Day Low0.78
52 Week High20.25
52 Week Low0.78
CS1 End0.85
CR1 Start1.1
Volume & EV
DER(3)11.09%
DER(5)3.77%
Volume21.06M
Volume Incr39.61%
Vol(5)4.34M
Vol(50)3.12M