BIONEXUS GENE LAB CORP (BGLC) Stock Technical Analysis
NASDAQ:BGLC - Nasdaq - US0906283066 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to BGLC. BGLC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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, BGLC is a bad performer in the overall market: 86% of all stocks are doing better.
BGLC is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, of which 85% are performing better than BGLC.
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.
BGLC has an average volume of 1307530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BGLC has a been trading in the 2.57 - 3.27 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.
Although the technical rating is bad, BGLC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. 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.
More info and screens
2.62
4.62
2 important support areas can be observed.
- A support zone ranging from 2.93 to 2.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.65 to 2.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @3.08 from a horizontal line in the daily time frame.
- Resistance @4.14 from a trend line in the weekly time frame.
- Resistance @4.57 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.39
Mansfield-2.13
10 Day High3.27
10 Day Low2.57
20 Day High3.27
20 Day Low2.57
52 Week High8.4
52 Week Low2.01
Performance
1 Week0.34%
2 Weeks11.61%
1 Month3.11%
3 Month-15.17%
6 Month2.34%
12 Month-42.69%
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)54.46
LBB2.51
UBB3.14
2.98
+0.2 (+7.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg7.19%
1 Week0.34%
2 Weeks11.61%
1 Month3.11%
3 Month-15.17%
6 Month2.34%
12 Month-42.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%8.22%
ATR Inc-12.99%
Range Today0.3
ADR(20)0.24
ADR(20)%8.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.39
Mansfield-2.13
10 Day High3.27
10 Day Low2.57
20 Day High3.27
20 Day Low2.57
52 Week High8.4
52 Week Low2.01
CS1 End2.96
CR1 Start3.08
Volume & EV
DER(3)8.53%
DER(5)-6.14%
Volume38.50K
Volume Incr-1.64%
Vol(5)83.20K
Vol(50)1.31M