BIODESIX INC (BDSX) Stock Technical Analysis
USA - NASDAQ:BDSX - US09075X2071 - Common Stock
We assign a technical rating of 3 out of 10 to BDSX. 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.
BDSX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.53, a Stop Loss order could be placed below this zone.
More info and screens
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We found 3 important support areas.
- A support zone ranging from 7.47 to 7.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.72 to 6.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.25 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @8.24 from a trend line in the daily time frame.
- Resistance @8.39 from a horizontal line in the daily time frame.
- Resistance @8.61 from a horizontal line in the daily time frame.
- Resistance @9.07 from a horizontal line in the weekly time frame.
- Resistance @9.66 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 | 8.26 | NEGATIVE | BDSX has a low relative strength, it was outperformed by 91.74% 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) | DOWN | MIXED | The current price of BDSX is above a declining 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) | 55.48 | NEUTRAL | The RSI value for BDSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests BDSX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.75 | NEUTRAL | The Stochastics value for BDSX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.89 | HIGH VOLATILITY | The high ATR as a percentage value for BDSX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.99 | NEGATIVE | The low ADX value for BDSX suggests a weak or negative trend. |
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+0.1 (+1.27%)
BIODESIX INC / BDSX FAQ
Can you provide the ChartMill technical rating for BIODESIX INC?
ChartMill assigns a technical rating of 3 / 10 to BDSX.
Can you provide the trend direction for BIODESIX INC?
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 55.4765. This indicates that the stock is currently neutral.
What is the MACD signal for BDSX stock?
The MACD indicator for BIODESIX INC (BDSX) has a value of 0.138498, indicating a bearish trend.
What is the short term momentum for BIODESIX INC (BDSX) stock?
The short term momentum for BIODESIX INC (BDSX) is positive.