BIO-RAD LABORATORIES-A (BIO) Stock Technical Analysis
NYSE:BIO - New York Stock Exchange, Inc. - US0905722072 - Common Stock - Currency: USD
Overall BIO gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BIO was also a bad performer in the overall market in the last year.
83% of all other stocks performed better in the past year than BIO.
BIO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BIO has a been trading in the 222.80 - 264.68 range, which is quite wide. It is currently trading near the high of this range.
BIO is an average performer in the Life Sciences Tools & Services industry, it outperforms 47% of 56 stocks in the same industry.
BIO has an average technical rating and it also does not offer a high 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
217.22
262.63
When analyzing the support we can see 2 important areas.
- A support zone ranging from 242.57 to 250.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 219.41 to 220.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 256.98 to 260.03. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for BIO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BIO is up. |
| ChartMill Relative Strength | 17.99 | NEGATIVE | BIO has a low relative strength, it was outperformed by 82.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.31 | NEUTRAL | The RSI value for BIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.84 | POSITIVE | The MACD value suggests BIO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.94 | OVERBOUGHT | The high Stochastics value suggests BIO may be overbought. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for BIO suggests some volalility. |
| Average Directional Index/ADX (14) | 18.46 | NEGATIVE | The low ADX value for BIO 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)
256.97
-2.91 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-1.12%
1 Week2.15%
2 Weeks5.54%
1 Month11.63%
3 Month4.54%
6 Month-24.81%
12 Month-15.51%
2 Year-36.61%
3 Year-54.38%
5 Year-51.04%
10 Year70.47%
15 Year189.38%
Volatility
ATR(14)7.45
ATR(20)%2.82%
ATR Inc4.3%
Range Today3.25
ADR(20)7.13
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.99
Mansfield-1.99
10 Day High264.68
10 Day Low237.42
20 Day High264.68
20 Day Low222.8
52 Week High387.99
52 Week Low211.43
CS1 End250.32
CR1 Start256.98
Volume & EV
DER(3)5.09%
DER(5)4.19%
Volume298.80K
Volume Incr-35.91%
Vol(5)261.16K
Vol(50)371.34K