BIODELIVERY SCIENCES INTL (BDSI) Technical Analysis
NASDAQ:BDSI
Current stock price
BDSI Technical Rating and Analysis
Overall BDSI gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BDSI is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- BDSI is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. BDSI outperforms 92% of them.
- BDSI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BDSI is leading the market.
- BDSI has an average volume of 3566320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, BDSI did better than 97% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month BDSI has a been trading in a tight range between 5.53 and 5.62.
BDSI Weekly and Daily overview Charts
BDSI Setup Rating and Analysis
BDSI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.58, a Stop Loss order could be placed below this zone.
More info and screens
BDSI Support and Resistance Analysis
3.77
We found 2 important support areas.
- A support zone ranging from 5.53 to 5.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.81 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.60 to 5.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
BDSI 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BDSI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BDSI is up. |
| ChartMill Relative Strength | 97.69 | POSITIVE | BDSI has a high relative strength, it outperformed 97.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BDSI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BDSI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BDSI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 83.09 | OVERBOUGHT | The high RSI value suggests BDSI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BDSI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.89 | NEUTRAL | The Stochastics value for BDSI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for BDSI suggests low volalility. |
BDSI Chart- and CandleStick Pattern Analysis
BDSI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.61 | 5.53 | 0.08 (1.43%) | 25.00% |
| An entry @5.61. This is a Buy Stop order right above the resistance zone. | An exit @5.53. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 1.43%. | For a 0.36% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BDSI Technicals: Chart, Performance Metrics, Trend & Indicators
5.59
0 (-0.09%)
BIODELIVERY SCIENCES INTL / BDSI TA FAQ
What is the ChartMill technical rating of BIODELIVERY SCIENCES INTL (BDSI) stock?
ChartMill assigns a technical rating of 8 / 10 to BDSI.
Can you provide the trend direction for BIODELIVERY SCIENCES INTL?
The current trend direction for BIODELIVERY SCIENCES INTL (BDSI) is Bullish.
What is the RSI signal for BDSI stock?
BIODELIVERY SCIENCES INTL (BDSI) has an RSI value of 83.0923. This indicates that the stock is currently overbought.
What is the MACD signal for BDSI stock?
The MACD indicator for BIODELIVERY SCIENCES INTL (BDSI) has a value of -0.0756017, indicating a bearish trend.
What are the support and resistance levels for BIODELIVERY SCIENCES INTL (BDSI) stock?
BIODELIVERY SCIENCES INTL (BDSI) has a support level at 5.58 and a resistance level at 5.6. Check the full technical report for our detailed analysis of BDSI support and resistance levels.