BIODEXA PHARMACEUTICALS-ADR (BDRX)

US59564R7089 - ADR

1.11  +0.01 (+0.91%)

Technical Rating and Analysis

3

Taking everything into account, BDRX scores 3 out of 10 in our technical rating. Although BDRX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
BDRX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BDRX is part of the Biotechnology industry. There are 587 other stocks in this industry. BDRX outperforms 99% of them.
BDRX has an average volume of 3514260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BDRX did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month BDRX has a been trading in the 0.67 - 1.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BDRX Weekly chart
BDRX Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, BDRX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BDRX in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.81

1.18

We found 2 important support areas.

  • A support zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.82 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 1.11 to 1.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1.17 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.34
Mansfield-6.54
10 Day High1.5
10 Day Low0.92
20 Day High1.74
20 Day Low0.67
52 Week High9.74
52 Week Low0.06
Performance
1 Week10%
2 Weeks-27.15%
1 Month27.83%
3 Month-29.03%
6 Month-57.53%
12 Month452.76%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)51.69
LBB0.73
UBB1.51
BDRX Daily chart

BIODEXA PHARMACEUTICALS-ADR

NASDAQ:BDRX (5/15/2024, 1:45:26 PM)

1.11

+0.01 (+0.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.91%
1 Week10%
2 Weeks-27.15%
1 Month27.83%
3 Month-29.03%
6 Month-57.53%
12 Month452.76%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.22
ATR(20)%15.59%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.5
10 Day Low0.92
20 Day High1.74
20 Day Low0.67
52 Week High9.74
52 Week Low0.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume184.69K
Volume Incr-95.2%
Vol(5)189.38K
Vol(50)3.51M