BIODESIX INC (BDSX) Technical Analysis
NASDAQ:BDSX • US09075X2071
Current stock price
BDSX Technical Rating and Analysis
Taking everything into account, BDSX scores 7 out of 10 in our technical rating. In the last year, BDSX was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month BDSX has a been trading in the 13.41 - 20.21 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- BDSX is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 92% of 100 stocks in the same industry.
- Looking at the yearly performance, BDSX did better than 94% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- BDSX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BDSX is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
BDSX Weekly and Daily overview Charts
BDSX Setup Rating and Analysis
BDSX has an excellent technical rating, but the quality of the setup is only medium 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
BDSX Support and Resistance Analysis
13.61
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.20 to 14.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.75 to 13.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 15.08 to 15.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.75 from a trend line in the weekly time frame.
BDSX 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 BDSX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BDSX is neutral. |
| ChartMill Relative Strength | 94.33 | POSITIVE | BDSX has a high relative strength, it outperformed 94.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BDSX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BDSX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BDSX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.75 | NEUTRAL | The RSI value for BDSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests BDSX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.19 | NEUTRAL | The Stochastics value for BDSX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.08 | HIGH VOLATILITY | The high ATR as a percentage value for BDSX suggests high volalility. |
| Average Directional Index/ADX (14) | 28.19 | POSITIVE | The high ADX value value for BDSX suggests a strong trend. |
BDSX Chart- and CandleStick Pattern Analysis
BDSX Technicals: Chart, Performance Metrics, Trend & Indicators
15.07
+0.31 (+2.1%)
BIODESIX INC / BDSX TA FAQ
Can you provide the ChartMill technical rating for BIODESIX INC?
ChartMill assigns a technical rating of 7 / 10 to BDSX.
What is the current trend direction of BIODESIX INC (BDSX) stock?
The current trend direction for BIODESIX INC (BDSX) is Bullish.
What is the RSI signal for BDSX stock?
BIODESIX INC (BDSX) has an RSI value of 50.7485. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BIODESIX INC?
The MACD indicator for BIODESIX INC (BDSX) has a value of -0.377509, indicating a bearish trend.