BIONEXUS GENE LAB CORP (BGLC) Stock Technical Analysis
USA - NASDAQ:BGLC - US0906283066 - Common Stock
5.55 USD
-0.1 (-1.77%)
Overall BGLC gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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.
Both the short term and long term trends are positive. This is a very positive sign.
BGLC is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 87% of 49 stocks in the same industry.
In the last month BGLC has a been trading in the 4.20 - 6.10 range, which is quite wide. It is currently trading near the high of this range.
BGLC has an average volume of 1323230 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 93% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, BGLC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.51, a Stop Loss order could be placed below this zone.
More info and screens
2.27
6.54
When analyzing the support we can see 6 important areas.
- A support zone ranging from 5.41 to 5.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.25 to 5.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.03 from a horizontal line in the weekly time frame.
- Support @4.64 from a trend line in the daily time frame.
- Support @4.45 from a trend line in the daily time frame.
- Support @2.29 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.01 to 6.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.48 from a horizontal 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 | UP | POSITIVE | The short term trend for BGLC is up. |
| ChartMill Relative Strength | 93.69 | POSITIVE | BGLC has a high relative strength, it outperformed 93.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BGLC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BGLC is above a declining 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) | 53.27 | NEUTRAL | The RSI value for BGLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BGLC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.61 | OVERBOUGHT | The high Stochastics value suggests BGLC may be overbought. |
| Average True Range in percent/ATR (20) | 7.57 | HIGH VOLATILITY | The high ATR as a percentage value for BGLC suggests high volalility. |
| Average Directional Index/ADX (14) | 29.75 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.08 | 5.40 | 0.68 (11.18%) | 8.94% |
| An entry @6.08. This is a Buy Stop order right above the resistance zone. | An exit @5.40. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.68 points, which is 11.18%. | For a 1.00% total portfolio risk, you can invest 8.94% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BGLC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:BGLC (9/29/2025, 2:49:39 PM)
5.55
-0.1 (-1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-1.77%
1 Week5.21%
2 Weeks4.05%
1 Month-2.08%
3 Month103.97%
6 Month125.91%
12 Month27.37%
2 Year-35.06%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%7.57%
ATR Inc14.86%
Range Today0.25
ADR(20)0.37
ADR(20)%6.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.69
Mansfield3.58
10 Day High6.1
10 Day Low4.86
20 Day High6.1
20 Day Low4.2
52 Week High15.6
52 Week Low2.01
CS1 End5.51
CR1 Start6.01
Volume & EV
DER(3)-0.83%
DER(5)-10.24%
Volume9.56K
Volume Incr-62.89%
Vol(5)65.86K
Vol(50)1.32M