Bioharvest Sciences Inc. (BHSC.CA) Technical Analysis
CNSX:BHSC
Taking everything into account, BHSC scores 3 out of 10 in our technical rating. BHSC was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- When comparing the yearly performance of all stocks, BHSC is a bad performer in the overall market: 100% of all stocks are doing better.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- BHSC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BHSC is lagging the market.
- In the last month BHSC has a been trading in the 0.40 - 0.57 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.
BHSC has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.40
We found 3 important support areas.
- Support @0.43 from a trend line in the daily time frame.
- Support @0.41 from a trend line in the daily time frame.
- Support @0.40 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.49 from a horizontal line in the daily 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 BHSC.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BHSC.CA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BHSC.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BHSC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BHSC.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BHSC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.47 | NEUTRAL | The RSI value for BHSC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BHSC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.04 | NEUTRAL | The Stochastics value for BHSC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.1 | HIGH VOLATILITY | The high ATR as a percentage value for BHSC.CA suggests high volalility. |
BHSC.CA Technicals: Chart, Performance Metrics, Trend & Indicators
CNSX:BHSC (4/8/2021, 8:02:32 PM)
0.46
-0.01 (-2.13%)
Bioharvest Sciences Inc. / BHSC.CA FAQ
What is the technical rating for BHSC stock?
ChartMill assigns a technical rating of 3 / 10 to BHSC.CA.
Can you provide the trend direction for Bioharvest Sciences Inc.?
The current trend direction for Bioharvest Sciences Inc. (BHSC.CA) is Bullish.
What is the RSI signal for Bioharvest Sciences Inc. (BHSC.CA) stock?
Bioharvest Sciences Inc. (BHSC.CA) has an RSI value of 42.47. This indicates that the stock is currently neutral.
What is the short term momentum for Bioharvest Sciences Inc. (BHSC.CA) stock?
The short term momentum for Bioharvest Sciences Inc. (BHSC.CA) is negative.
What are the support and resistance levels for Bioharvest Sciences Inc. (BHSC.CA) stock?
Bioharvest Sciences Inc. (BHSC.CA) has a support level at 0.43 and a resistance level at 0.48. Check the full technical report for our detailed analysis of BHSC.CA support and resistance levels.