NYSE:BIO • US0905722072
Overall BIO gets a technical rating of 0 out of 10. BIO'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 BIO 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.
253.98
We found 1 important support area.
When analyzing the resistance we notice 3 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for BIO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIO is down. |
| ChartMill Relative Strength | 21.32 | NEGATIVE | BIO has a low relative strength, it was outperformed by 78.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BIO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BIO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.17 | NEUTRAL | The RSI value for BIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.45 | NEGATIVE | The MACD value suggests BIO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.92 | NEUTRAL | The Stochastics value for BIO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for BIO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.62 | POSITIVE | The high ADX value value for BIO suggests a strong trend. |
270.67
+5.74 (+2.17%)
ChartMill assigns a technical rating of 0 / 10 to BIO.
The current trend direction for BIO-RAD LABORATORIES-A (BIO) is Bearish.
BIO-RAD LABORATORIES-A (BIO) has an RSI value of 35.1671. This indicates that the stock is currently neutral.
The MACD indicator for BIO-RAD LABORATORIES-A (BIO) has a value of -3.45177, indicating a bearish trend.