BIOTEST AG (BIO.DE) Stock Technical Analysis
FRA:BIO - Deutsche Boerse Ag - DE0005227201 - Common Stock - Currency: EUR
We assign a technical rating of 4 out of 10 to BIO. BIO was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, BIO is a bad performer in the overall market: 65% of all stocks are doing better.
BIO 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 BIO is lagging the market.
Warning: BIO has an average volume of 247 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
BIO is part of the Biotechnology industry. There are 73 other stocks in this industry, BIO did better than 62% of them.
In the last month BIO has a been trading in a tight range between 42.00 and 43.20.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, BIO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 42.00, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
40.38
44.44
When analyzing the support we notice one important area.
- A support zone ranging from 40.79 to 42.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.21 to 44.00. 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 | UP | POSITIVE | The long term trend for BIO.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BIO.DE is neutral. |
| ChartMill Relative Strength | 35.05 | NEUTRAL | BIO.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIO.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIO.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BIO.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.3 | NEUTRAL | The RSI value for BIO.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BIO.DE has a negative trend. |
| Stochastics (14,3) | 44.44 | NEUTRAL | The Stochastics value for BIO.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for BIO.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 18.15 | NEGATIVE | The low ADX value for BIO.DE suggests a weak or negative 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)
FRA:BIO (6/6/2025, 7:00:00 PM)
42.2
-0.4 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.94%
1 Week-1.4%
2 Weeks-0.94%
1 Month-0.47%
3 Month1.44%
6 Month1.44%
12 Month-0.94%
2 Year-0.47%
3 Year-0.94%
5 Year90.09%
10 Year-39.71%
15 Year20.57%
Volatility
ATR(14)0.41
ATR(20)%0.92%
ATR Inc133.33%
Range Today0.8
ADR(20)0.33
ADR(20)%0.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.05
Mansfield-0.84
10 Day High43.2
10 Day Low42
20 Day High43.2
20 Day Low42
52 Week High71.84
52 Week Low40.4
CS1 End42
CR1 Start42.21
Volume & EV
DER(3)0%
DER(5)0%
Volume175
Volume Incr-51.53%
Vol(5)152.2
Vol(50)247.98