Overall BDRX gets a technical rating of 0 out of 10. BDRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, BDRX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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.
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4.99
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.05 to 5.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.35 from a trend line in the daily time frame.
- Resistance @8.71 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 | DOWN | NEGATIVE | The short term trend for BDRX is down. |
| ChartMill Relative Strength | 4.21 | NEGATIVE | BDRX has a low relative strength, it was outperformed by 95.79% 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) | 47.98 | NEUTRAL | The RSI value for BDRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests BDRX has a positive trend. |
| Stochastics (14,3) | 66.36 | NEUTRAL | The Stochastics value for BDRX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.74 | HIGH VOLATILITY | The high ATR as a percentage value for BDRX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.83 | NEGATIVE | The low ADX value for BDRX suggests a weak or negative trend. |
5.04
-0.05 (-0.98%)
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 47.9797. 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.