BIOHITECH GLOBAL INC (BHTG) Technical Analysis
NASDAQ:BHTG
Current stock price
BHTG Technical Rating and Analysis
Overall BHTG gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, BHTG is a bad performer in the overall market: 93% of all stocks are doing better.
- BHTG is one of the lesser performing stocks in the Commercial Services & Supplies industry. 71% of 81 stocks in the same industry do better.
- 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.
BHTG Weekly and Daily overview Charts
BHTG Setup Rating and Analysis
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
BHTG Support and Resistance Analysis
0.83
4 important resistance areas can be observed.
- 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.
BHTG Technical Indicator Signal Analysis
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. |
BHTG Chart- and CandleStick Pattern Analysis
BHTG Technicals: Chart, Performance Metrics, Trend & Indicators
0.837
-0.01 (-1.54%)
BIOHITECH GLOBAL INC / BHTG TA FAQ
Can you provide the ChartMill technical rating for BIOHITECH GLOBAL INC?
ChartMill assigns a technical rating of 0 / 10 to BHTG.
What is the trend direction for BHTG stock?
The current trend direction for BIOHITECH GLOBAL INC (BHTG) is Bearish.
What is the RSI signal for BHTG stock?
BIOHITECH GLOBAL INC (BHTG) has an RSI value of 30.3063. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BIOHITECH GLOBAL INC?
The MACD indicator for BIOHITECH GLOBAL INC (BHTG) has a value of -0.000495051, indicating a bearish trend.
What are the support and resistance levels for BIOHITECH GLOBAL INC (BHTG) stock?
BIOHITECH GLOBAL INC (BHTG) has a resistance level at 0.85. Check the full technical report for our detailed analysis of BHTG support and resistance levels.