We assign a technical rating of 0 out of 10 to BHST. BHST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, BHST does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 5.05, a Stop Loss order could be placed below this zone.
4.95
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
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 BHST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BHST is down. |
| ChartMill Relative Strength | 8.9 | NEGATIVE | BHST has a low relative strength, it was outperformed by 91.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BHST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BHST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BHST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.44 | NEUTRAL | The RSI value for BHST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BHST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 8.03 | OVERSOLD | The low Stochastics value suggests BHST may be oversold. |
| Average True Range in percent/ATR (20) | 8.33 | HIGH VOLATILITY | The high ATR as a percentage value for BHST suggests high volalility. |
| Average Directional Index/ADX (14) | 20.06 | NEUTRAL | The ADX value for BHST suggests a possible start of a new trend. |
5.055
+0.04 (+0.9%)
ChartMill assigns a technical rating of 0 / 10 to BHST.
The current trend direction for BIOHARVEST SCIENCES INC (BHST) is Bearish.
BIOHARVEST SCIENCES INC (BHST) has an RSI value of 38.4358. This indicates that the stock is currently neutral.
The MACD indicator for BIOHARVEST SCIENCES INC (BHST) has a value of 0.0689674, indicating a bearish trend.
The buy/sell signal for BIOHARVEST SCIENCES INC (BHST) is sell as both the short term and long term trends are negative.