Taking everything into account, BDRX scores 0 out of 10 in our technical rating. 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.
BDRX 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 very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- 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
3.60
We found 1 important resistance area.
- Resistance @9.01 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 BDRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BDRX is down. |
| ChartMill Relative Strength | 2.24 | NEGATIVE | BDRX has a low relative strength, it was outperformed by 97.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BDRX is below 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) | 43.47 | NEUTRAL | The RSI value for BDRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BDRX has a negative trend. |
| Stochastics (14,3) | 12.06 | OVERSOLD | The low Stochastics value suggests BDRX may be oversold. |
| Average True Range in percent/ATR (20) | 40.08 | HIGH VOLATILITY | The high ATR as a percentage value for BDRX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.95 | NEGATIVE | The low ADX value for BDRX suggests a weak or negative trend. |
3.64
-0.51 (-12.29%)
BIODEXA PHARMACEUTICALS-ADR / BDRX FAQ
What is the technical rating for BDRX stock?
ChartMill assigns a technical rating of 0 / 10 to BDRX.
What is the trend direction for BDRX stock?
The current trend direction for BIODEXA PHARMACEUTICALS-ADR (BDRX) is Bearish.
What is the RSI signal for BDRX stock?
BIODEXA PHARMACEUTICALS-ADR (BDRX) has an RSI value of 43.4717. This indicates that the stock is currently neutral.
What is the short term momentum for BIODEXA PHARMACEUTICALS-ADR (BDRX) stock?
The short term momentum for BIODEXA PHARMACEUTICALS-ADR (BDRX) is negative.
Can you provide the buy/sell signal for BIODEXA PHARMACEUTICALS-ADR?
The buy/sell signal for BIODEXA PHARMACEUTICALS-ADR (BDRX) is sell as both the short term and long term trends are negative.