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BIONEXUS GENE LAB CORP (BGLC) Stock Technical Analysis

NASDAQ:BGLC - Nasdaq - US0906283066 - Common Stock - Currency: USD

2.93  +0.05 (+1.74%)

Premarket: 3.09 +0.16 (+5.46%)

Technical Rating and Analysis

2

Taking everything into account, BGLC scores 2 out of 10 in our technical rating. BGLC 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, BGLC is a bad performer in the overall market: 84% of all stocks are doing better.
BGLC is one of the lesser performing stocks in the Trading Companies & Distributors industry. 80% of 47 stocks in the same industry do better.
BGLC 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 BGLC is lagging the market.
In the last month BGLC has a been trading in the 2.66 - 5.07 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BIONEXUS GENE LAB CORP / BGLC Weekly stock chart
BIONEXUS GENE LAB CORP / BGLC Daily stock chart
Setup Rating and Analysis

7

BGLC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BGLC 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.
Support and Resistance Analysis

2.73

4.29

When analyzing the support we notice one important area.

  • A support zone ranging from 2.76 to 2.80. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 2.94 to 3.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @4.02 from a trend line in the weekly time frame.
  • A resistance zone ranging from 4.23 to 4.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for BGLC is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for BGLC is down.
ChartMill Relative Strength16.42NEGATIVEBGLC has a low relative strength, it was outperformed by 83.58% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of BGLC is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BGLC is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of BGLC is below a declining SMA(200).
Relative Strength Index/RSI (14)47.18NEUTRALThe RSI value for BGLC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.07NEGATIVEThe MACD value suggests BGLC has a negative trend, although the MACD value is rising.
Stochastics (14,3)7.55OVERSOLDThe low Stochastics value suggests BGLC may be oversold.
Average True Range in percent/ATR (20)14.81HIGH VOLATILITYThe high ATR as a percentage value for BGLC suggests high volalility.
Average Directional Index/ADX (14)24.79NEUTRALThe ADX value for BGLC suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
BIONEXUS GENE LAB CORP / BGLC Daily stock chart

BIONEXUS GENE LAB CORP

NASDAQ:BGLC (6/18/2025, 8:00:01 PM)

Premarket: 3.09 +0.16 (+5.46%)

2.93

+0.05 (+1.74%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.74%
1 Week-1.68%
2 Weeks-10.67%
1 Month5.4%
3 Month2.81%
6 Month28%
12 Month-36.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%14.81%
ATR Inc-44.59%
Range Today0.24
ADR(20)0.42
ADR(20)%14.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.42
Mansfield-2.14
10 Day High3.28
10 Day Low2.75
20 Day High5.07
20 Day Low2.66
52 Week High8.4
52 Week Low2.01
CS1 End2.8
CR1 Start2.94
Volume & EV
DER(3)9.55%
DER(5)-2.85%
Volume9.70K
Volume Incr-81.77%
Vol(5)24.54K
Vol(50)763.47K