BIOHITECH GLOBAL INC (BHTG) Stock Technical Analysis
NASDAQ:BHTG - Nasdaq - Common Stock
Taking everything into account, BHTG scores 0 out of 10 in our technical rating. BHTG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
93% of all other stocks performed better in the past year than BHTG.
BHTG is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry, of which 81% are performing better than BHTG.
BHTG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BHTG is lagging the market.
BHTG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
The technical rating of BHTG 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
0.83
1.79
We can see 4 important resistance areas.
- A resistance zone ranging from 0.85 to 0.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.08 from a trend line in the daily time frame.
- Resistance @1.24 from a trend line in the daily time frame.
- Resistance @1.77 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 | DOWN | NEGATIVE | The long term trend for BHTG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BHTG is down. |
| ChartMill Relative Strength | 7.36 | NEGATIVE | BHTG has a low relative strength, it was outperformed by 92.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BHTG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BHTG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BHTG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.31 | NEUTRAL | The RSI value for BHTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BHTG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.38 | NEUTRAL | The Stochastics value for BHTG is a neutral value. |
| Average True Range in percent/ATR (20) | 10.06 | HIGH VOLATILITY | The high ATR as a percentage value for BHTG suggests high volalility. |
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)
0.837
-0.01 (-1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-1.54%
1 Week3.31%
2 Weeks-13.7%
1 Month-30.83%
3 Month-43.45%
6 Month-40.21%
12 Month-34.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%10.06%
ATR Inc-28.1%
Range Today0.07
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.36
Mansfield-4.81
10 Day High0.98
10 Day Low0.76
20 Day High1.22
20 Day Low0.76
52 Week High4.03
52 Week Low0.76
CS1 EndN/A
CR1 Start0.85
Volume & EV
DER(3)3.28%
DER(5)2.81%
Volume164.70K
Volume Incr-73.51%
Vol(5)277.24K
Vol(50)512.63K