BGM GROUP LTD (BGM) Stock Technical Analysis
NASDAQ:BGM • KYG7307E1237
Taking everything into account, BGM scores 0 out of 10 in our technical rating. BGM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than BGM.
- BGM is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 90% are performing better than BGM.
- BGM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BGM has a been trading in the 0.96 - 4.04 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
The technical rating of BGM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.09
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 | DOWN | NEGATIVE | The long term trend for BGM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BGM is down. |
| ChartMill Relative Strength | 0.49 | NEGATIVE | BGM has a low relative strength, it was outperformed by 99.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BGM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BGM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BGM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 18.44 | OVERSOLD | The low RSI value suggests BGM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests BGM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.86 | OVERSOLD | The low Stochastics value suggests BGM may be oversold. |
| Average True Range in percent/ATR (20) | 37.6 | HIGH VOLATILITY | The high ATR as a percentage value for BGM suggests high volalility. |
| Average Directional Index/ADX (14) | 46.47 | POSITIVE | The high ADX value value for BGM suggests a strong trend. |
1.1
-0.03 (-2.65%)
BGM GROUP LTD / BGM FAQ
Can you provide the ChartMill technical rating for BGM GROUP LTD?
ChartMill assigns a technical rating of 0 / 10 to BGM.
Can you provide the trend direction for BGM GROUP LTD?
The current trend direction for BGM GROUP LTD (BGM) is Bearish.
Can you provide the RSI signal for BGM GROUP LTD?
BGM GROUP LTD (BGM) has an RSI value of 18.4445. This indicates that the stock is currently oversold.
Can you provide the short term momentum for BGM GROUP LTD?
The short term momentum for BGM GROUP LTD (BGM) is negative.
Can you provide the buy/sell signal for BGM GROUP LTD?
The buy/sell signal for BGM GROUP LTD (BGM) is sell as both the short term and long term trends are negative.