BIO-RAD LABORATORIES-A (BIO) Stock Technical Analysis
NYSE:BIO - New York Stock Exchange, Inc. - US0905722072 - Common Stock - Currency: USD
Taking everything into account, BIO scores 0 out of 10 in our technical rating. BIO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
83% of all other stocks performed better in the past year than BIO.
BIO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
BIO is an average performer in the Life Sciences Tools & Services industry, it outperforms 48% of 55 stocks in the same industry.
In the last month BIO has a been trading in the 211.43 - 249.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BIO does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 220.51, a Stop Loss order could be placed below this zone.
More info and screens
214.38
378.02
We found 1 important support area.
- A support zone ranging from 216.55 to 220.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @248.68 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 256.69 to 260.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @346.63 from a trend line in the weekly time frame.
- Resistance @354.29 from a trend line in the daily time frame.
- Resistance @374.28 from a horizontal line in the daily time frame.
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 BIO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BIO is neutral. |
| ChartMill Relative Strength | 17.51 | NEGATIVE | BIO has a low relative strength, it was outperformed by 82.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BIO is above 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) | DOWN | NEGATIVE | The current price of BIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.4 | NEUTRAL | The RSI value for BIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.34 | POSITIVE | The MACD value suggests BIO has a positive trend. |
| Stochastics (14,3) | 76.77 | NEUTRAL | The Stochastics value for BIO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for BIO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.77 | 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)
231.7
+4.79 (+2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg2.11%
1 Week2.72%
2 Weeks6.99%
1 Month-6.82%
3 Month-9.73%
6 Month-29.25%
12 Month-19.54%
2 Year-38.88%
3 Year-53.19%
5 Year-48.68%
10 Year53.84%
15 Year167.89%
Volatility
ATR(14)7.44
ATR(20)%3.28%
ATR Inc6.39%
Range Today9.8
ADR(20)7.08
ADR(20)%3.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.51
Mansfield-2.62
10 Day High236.07
10 Day Low211.43
20 Day High249.7
20 Day Low211.43
52 Week High387.99
52 Week Low211.43
CS1 End220.51
CR1 Start248.68
Volume & EV
DER(3)2.65%
DER(5)0.87%
Volume490.70K
Volume Incr22.45%
Vol(5)440.74K
Vol(50)379.97K