Overall BDSX gets a technical rating of 5 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.
- When comparing the yearly performance of all stocks, BDSX is a bad performer in the overall market: 87% of all stocks are doing better.
- BDSX is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, of which 69% are performing better than BDSX.
- 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- BDSX has an average volume of 1664230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month BDSX has a been trading in the 5.26 - 10.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BDSX has an average technical rating and it also does not offer a high quality setup 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.
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5.44
When analyzing the support we notice one important area.
- Support @5.49 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.89 to 7.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.29 from a horizontal line in the weekly time frame.
- Resistance @9.84 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 | NEUTRAL | NEUTRAL | The long term trend for BDSX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BDSX is up. |
| ChartMill Relative Strength | 13.56 | NEGATIVE | BDSX has a low relative strength, it was outperformed by 86.44% 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 | MIXED | The current price of BDSX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.01 | NEUTRAL | The RSI value for BDSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests BDSX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.43 | NEUTRAL | The Stochastics value for BDSX is a neutral value. |
| Average True Range in percent/ATR (20) | 12.3 | HIGH VOLATILITY | The high ATR as a percentage value for BDSX suggests high volalility. |
| Average Directional Index/ADX (14) | 32.81 | POSITIVE | The high ADX value value for BDSX suggests a strong trend. |
7.88
-0.45 (-5.4%)
BIODESIX INC / BDSX FAQ
Can you provide the ChartMill technical rating for BIODESIX INC?
ChartMill assigns a technical rating of 5 / 10 to BDSX.
What is the current trend direction of BIODESIX INC (BDSX) stock?
The current trend direction for BIODESIX INC (BDSX) is Bearish.
Can you provide the RSI signal for BIODESIX INC?
BIODESIX INC (BDSX) has an RSI value of 54.0108. This indicates that the stock is currently neutral.
What is the short term momentum for BDSX stock?
The short term momentum for BIODESIX INC (BDSX) is positive.
What is the support and resistance level for BDSX stock?
BIODESIX INC (BDSX) has a support level at 5.49 and a resistance level at 7.89. Check the full technical report for our detailed analysis of BDSX support and resistance levels.