USA - NASDAQ:BINI - US62526P8858 - Common Stock
Overall BINI gets a technical rating of 0 out of 10. BINI'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.
The technical rating of BINI 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.
0.62
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 BINI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BINI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BINI 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 BINI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BINI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 3.27 | OVERSOLD | The low RSI value suggests BINI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 10.98 | POSITIVE | The MACD value suggests BINI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 2.56 | OVERSOLD | The low Stochastics value suggests BINI may be oversold. |
| Average True Range in percent/ATR (20) | 314.38 | HIGH VOLATILITY | The high ATR as a percentage value for BINI suggests high volalility. |
| Average Directional Index/ADX (14) | 89.66 | POSITIVE | The high ADX value value for BINI suggests a strong trend. |
0.63
-0.77 (-55%)