Overall BDTX gets a technical rating of 0 out of 10. BDTX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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, BDTX is a bad performer in the overall market: 87% of all stocks are doing better.
- BDTX is part of the Biotechnology industry. There are 523 other stocks in this industry, of which 65% are performing better than BDTX.
- BDTX 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 BDTX has a been trading in the 2.14 - 2.83 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- BDTX has an average volume of 1190790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of BDTX is bad and it also does not present a 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.
More info and screens
2.13
We found 2 important support areas.
- Support @2.25 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.15 to 2.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.29 to 2.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.79 from a horizontal line in the daily time frame.
- Resistance @3.37 from a trend line in the weekly 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 BDTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BDTX is down. |
| ChartMill Relative Strength | 13.55 | NEGATIVE | BDTX has a low relative strength, it was outperformed by 86.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BDTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BDTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BDTX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.36 | NEUTRAL | The RSI value for BDTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BDTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.13 | NEUTRAL | The Stochastics value for BDTX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.87 | HIGH VOLATILITY | The high ATR as a percentage value for BDTX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.99 | NEUTRAL | The ADX value for BDTX suggests a possible start of a new trend. |
2.28
+0.04 (+1.79%)
BLACK DIAMOND THERAPEUTICS I / BDTX FAQ
Can you provide the ChartMill technical rating for BLACK DIAMOND THERAPEUTICS I?
ChartMill assigns a technical rating of 0 / 10 to BDTX.
What is the trend direction for BDTX stock?
The current trend direction for BLACK DIAMOND THERAPEUTICS I (BDTX) is Bearish.
What is the RSI signal for BLACK DIAMOND THERAPEUTICS I (BDTX) stock?
BLACK DIAMOND THERAPEUTICS I (BDTX) has an RSI value of 38.3648. This indicates that the stock is currently neutral.
What is the short term momentum for BDTX stock?
The short term momentum for BLACK DIAMOND THERAPEUTICS I (BDTX) is negative.
What is the buy/sell signal for BLACK DIAMOND THERAPEUTICS I (BDTX) stock?
The buy/sell signal for BLACK DIAMOND THERAPEUTICS I (BDTX) is sell as both the short term and long term trends are negative.