BIOFRONTERA INC (BFRI) Stock Technical Analysis
NASDAQ:BFRI - US09077D2099 - Common Stock
0.8515 USD
-0.01 (-0.99%)
0.84 USD
-0.01 (-1.35%)
Overall BFRI gets a technical rating of 5 out of 10. BFRI has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
BFRI 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 BFRI has a been trading in the 0.80 - 1.11 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that BFRI is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BFRI is an average performer in the Pharmaceuticals industry, it outperforms 61% of 193 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, BFRI does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for BFRI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.83
1.10
We found 1 important support area.
- A support zone ranging from 0.84 to 0.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.97 to 0.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.03 from a trend line in the weekly time frame.
- Resistance @1.09 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 BFRI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BFRI is neutral. |
| ChartMill Relative Strength | 74.58 | POSITIVE | BFRI has a high relative strength, it outperformed 74.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BFRI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BFRI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BFRI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.38 | NEUTRAL | The RSI value for BFRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BFRI has a negative trend. |
| Stochastics (14,3) | 27.12 | NEUTRAL | The Stochastics value for BFRI is a neutral value. |
| Average True Range in percent/ATR (20) | 10.33 | HIGH VOLATILITY | The high ATR as a percentage value for BFRI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.08 | NEUTRAL | The ADX value for BFRI suggests a possible start of a new 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)
0.8515
-0.01 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.99%
1 Week-2.76%
2 Weeks-11.85%
1 Month-21.16%
3 Month51.51%
6 Month-12.69%
12 Month-21.88%
2 Year-90.17%
3 Year-96.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%10.33%
ATR Inc-2.8%
Range Today0.08
ADR(20)0.08
ADR(20)%9.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.58
Mansfield-1.59
10 Day High1.01
10 Day Low0.8
20 Day High1.11
20 Day Low0.8
52 Week High2.22
52 Week Low0.54
CS1 End0.84
CR1 Start0.94
Volume & EV
DER(3)-3.08%
DER(5)5.31%
Volume61.90K
Volume Incr1904.65%
Vol(5)1.25M
Vol(50)249.70K