BIONEXUS GENE LAB CORP (BGLC) Stock Technical Analysis
NASDAQ:BGLC - US0906283066 - Common Stock
4.91 USD
-0.13 (-2.58%)
We assign a technical rating of 7 out of 10 to BGLC. In the last year, BGLC was one of the better performers, but we do observe some doubts in the very recent evolution.
BGLC 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 BGLC has a been trading in the 4.89 - 5.85 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
BGLC is part of the Trading Companies & Distributors industry. There are 50 other stocks in this industry. BGLC outperforms 91% of them.
BGLC has an average volume of 2511150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BGLC did better than 92% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
Although BGLC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.27
6.23
When analyzing the support we can see 3 important areas.
- Support @3.06 from a trend line in the daily time frame.
- Support @2.66 from a horizontal line in the daily time frame.
- Support @2.29 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.92 to 4.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.50 to 5.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.79 from a horizontal line in the daily time frame.
- Resistance @6.17 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 | UP | POSITIVE | The long term trend for BGLC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BGLC is neutral. |
| ChartMill Relative Strength | 92.02 | POSITIVE | BGLC has a high relative strength, it outperformed 92.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BGLC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BGLC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BGLC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.09 | NEUTRAL | The RSI value for BGLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests BGLC has a negative trend. |
| Stochastics (14,3) | 29.82 | NEUTRAL | The Stochastics value for BGLC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.45 | HIGH VOLATILITY | The high ATR as a percentage value for BGLC suggests high volalility. |
| Average Directional Index/ADX (14) | 36.24 | POSITIVE | The high ADX value value for BGLC suggests a strong 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)
NASDAQ:BGLC (9/8/2025, 12:18:03 PM)
4.91
-0.13 (-2.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-2.58%
1 Week-13.56%
2 Weeks-12.79%
1 Month-11.85%
3 Month77.76%
6 Month40.29%
12 Month22.75%
2 Year-43.56%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%5.45%
ATR Inc109.25%
Range Today0.08
ADR(20)0.25
ADR(20)%5.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.02
Mansfield2.13
10 Day High5.81
10 Day Low4.89
20 Day High5.85
20 Day Low4.89
52 Week High15.6
52 Week Low2.01
CS1 End3.06
CR1 Start4.92
Volume & EV
DER(3)-7.26%
DER(5)-9.93%
Volume18.27K
Volume Incr-32.07%
Vol(5)43.99K
Vol(50)2.51M