BIODESIX INC (BDSX) Stock Technical Analysis
NASDAQ:BDSX - Nasdaq - US09075X1081 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to BDSX. BDSX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BDSX is a bad performer in the overall market: 99% 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 92% are performing better than BDSX.
BDSX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
BDSX has an average volume of 10793300 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 0.17 - 0.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BDSX has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.28
0.47
We found 1 important support area.
- Support @0.28 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.47 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 | DOWN | NEGATIVE | The short term trend for BDSX is down. |
| ChartMill Relative Strength | 1.19 | NEGATIVE | BDSX has a low relative strength, it was outperformed by 98.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BDSX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BDSX is below 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) | 41.75 | NEUTRAL | The RSI value for BDSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BDSX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.25 | NEUTRAL | The Stochastics value for BDSX is a neutral value. |
| Average True Range in percent/ATR (20) | 19.04 | HIGH VOLATILITY | The high ATR as a percentage value for BDSX suggests high volalility. |
| Average Directional Index/ADX (14) | 12.42 | NEGATIVE | The low ADX value for BDSX suggests a weak or negative 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)
0.2999
-0.02 (-6.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-6.16%
1 Week6.42%
2 Weeks-7.86%
1 Month36.32%
3 Month-58.47%
6 Month-77.62%
12 Month-81.26%
2 Year-75.62%
3 Year-81.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%19.04%
ATR Inc-44.99%
Range Today0.03
ADR(20)0.05
ADR(20)%17.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.19
Mansfield-7.63
10 Day High0.33
10 Day Low0.27
20 Day High0.51
20 Day Low0.17
52 Week High2.04
52 Week Low0.17
CS1 End0.28
CR1 Start0.3
Volume & EV
DER(3)-3.59%
DER(5)-0.55%
Volume1.03M
Volume Incr-85.51%
Vol(5)3.70M
Vol(50)10.79M