BIODESIX INC (BDSX) Stock Technical Analysis
NASDAQ:BDSX - US09075X1081 - Common Stock
0.4534 USD
+0.03 (+6.98%)
0.4421 USD
-0.01 (-2.49%)
Overall BDSX gets a technical rating of 4 out of 10. In the past year, BDSX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
91% of all other stocks performed better in the past year than BDSX.
BDSX is one of the lesser performing stocks in the Health Care Providers & Services industry. 68% of 104 stocks in the same industry do better.
BDSX 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.
In the last month BDSX has a been trading in the 0.33 - 0.47 range, which is quite wide. It is currently trading near the high of this range.
BDSX has an average volume of 1175800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is only medium, BDSX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for BDSX 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.
More info and screens
0.29
0.46
We found 3 important support areas.
- A support zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.29 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 BDSX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BDSX is up. |
| ChartMill Relative Strength | 9.41 | NEGATIVE | BDSX has a low relative strength, it was outperformed by 90.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BDSX is above the rising 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) | DOWN | NEGATIVE | The current price of BDSX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.6 | NEUTRAL | The RSI value for BDSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BDSX has a positive trend. |
| Stochastics (14,3) | 63.09 | NEUTRAL | The Stochastics value for BDSX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.34 | HIGH VOLATILITY | The high ATR as a percentage value for BDSX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.7 | POSITIVE | The high ADX value value for BDSX suggests a strong trend. |
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)
0.4534
+0.03 (+6.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg6.98%
1 Week14.41%
2 Weeks13.21%
1 Month1.64%
3 Month32.34%
6 Month-48.59%
12 Month-74.95%
2 Year-71.12%
3 Year-76.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%10.34%
ATR Inc-4.37%
Range Today0.05
ADR(20)0.05
ADR(20)%10%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.41
Mansfield-5.65
10 Day High0.46
10 Day Low0.37
20 Day High0.47
20 Day Low0.33
52 Week High2.04
52 Week Low0.17
CS1 End0.41
CR1 StartN/A
Volume & EV
DER(3)11.56%
DER(5)4.2%
Volume1.87M
Volume Incr-39.14%
Vol(5)940.66K
Vol(50)1.18M