BIMI INTERNATIONAL MEDICAL I (BIMI) Stock Technical Analysis
NASDAQ:BIMI - Nasdaq - US05552Q3011 - Common Stock - Currency: USD
Taking everything into account, BIMI scores 0 out of 10 in our technical rating. BIMI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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, BIMI is a bad performer in the overall market: 100% of all stocks are doing better.
BIMI is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, of which 91% are performing better than BIMI.
BIMI 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 BIMI is lagging the market.
In the last month BIMI has a been trading in the 0.24 - 1.34 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of BIMI 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
0.31
0.32
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 BIMI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIMI is down. |
| ChartMill Relative Strength | 0.88 | NEGATIVE | BIMI has a low relative strength, it was outperformed by 99.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIMI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BIMI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BIMI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.76 | NEUTRAL | The RSI value for BIMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BIMI has a positive trend. |
| Stochastics (14,3) | 42.82 | NEUTRAL | The Stochastics value for BIMI is a neutral value. |
| Average True Range in percent/ATR (20) | 42.31 | HIGH VOLATILITY | The high ATR as a percentage value for BIMI suggests high volalility. |
| Average Directional Index/ADX (14) | 36.88 | POSITIVE | The high ADX value value for BIMI suggests a strong trend. |
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)
0.31
-0.17 (-35.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-35.42%
1 Week15.84%
2 Weeks-12.68%
1 Month-77.04%
3 Month-71.03%
6 Month-92.19%
12 Month-85.91%
2 Year-93.7%
3 Year-99.25%
5 Year-99.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%42.31%
ATR Inc197.41%
Range Today0.15
ADR(20)0.12
ADR(20)%38.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.88
Mansfield-8.43
10 Day High0.53
10 Day Low0.25
20 Day High1.35
20 Day Low0.24
52 Week High4.13
52 Week Low0.24
CS1 EndN/A
CR1 Start0.32
Volume & EV
DER(3)-0.83%
DER(5)-7.14%
Volume1.02M
Volume Incr-31.72%
Vol(5)694.26K
Vol(50)534.50K