BIOFRONTERA AG (BFRA)

ADR

2.67  -0.28 (-9.49%)

Technical Rating and Analysis

0

Overall BFRA gets a technical rating of 0 out of 10. BFRA 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, BFRA is a bad performer in the overall market: 85% of all stocks are doing better.
BFRA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BFRA is lagging the market.
Warning: BFRA has an average volume of 28721 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
BFRA is part of the Biotechnology industry. There are 588 other stocks in this industry, BFRA did better than 44% of them.
In the last month BFRA has a been trading in the 2.09 - 3.68 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.
Weekly and Daily overview Charts
BFRA Weekly chart
BFRA Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, BFRA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

2.64

4.52

6 important resistance areas can be observed.

  • Resistance @2.78 from a trend line in the weekly time frame.
  • A resistance zone ranging from 2.96 to 2.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @3.11 from a trend line in the daily time frame.
  • Resistance @3.38 from a trend line in the daily time frame.
  • Resistance @3.68 from a horizontal line in the daily time frame.
  • Resistance @4.48 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.6
Mansfield-4.67
10 Day High3.36
10 Day Low2.56
20 Day High3.68
20 Day Low2.09
52 Week High7.54
52 Week Low2.09
Performance
1 Week-8.87%
2 Weeks-9.49%
1 Month-6.97%
3 Month-21.47%
6 Month-54.82%
12 Month-55.35%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)42.75
LBB2.66
UBB3.14
BFRA Daily chart

BIOFRONTERA AG

NASDAQ:BFRA (3/4/2022, 7:19:41 PM)

2.67

-0.28 (-9.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-9.49%
1 Week-8.87%
2 Weeks-9.49%
1 Month-6.97%
3 Month-21.47%
6 Month-54.82%
12 Month-55.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.45
ATR(20)%14.89%
ATR Inc
Range Today0.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.36
10 Day Low2.56
20 Day High3.68
20 Day Low2.09
52 Week High7.54
52 Week Low2.09
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.90K
Volume Incr-81.62%
Vol(5)5.68K
Vol(50)28.72K