BIOTEST AG-VORZUGSAKTIEN (BIO3.DE) Stock Technical Analysis
Europe • Frankfurt Stock Exchange • FRA:BIO3 • DE0005227235
We assign a technical rating of 2 out of 10 to BIO3. Recently some decent action could be observed, but in the medium term time frame this is still negative. BIO3 was also a bad performer in the overall market in the last year.
- 88% of all other stocks performed better in the past year than BIO3.
- Warning: BIO3 has an average volume of 1405 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month BIO3 has a been trading in the 25.00 - 30.00 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- BIO3 is an average performer in the Biotechnology industry, it outperforms 47% of 85 stocks in the same industry.
- BIO3 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BIO3 is lagging the market.
- Volume is considerably higher in the last couple of days.
The technical rating of BIO3 is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
25.24
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.25 to 28.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @26.50 from a horizontal line in the daily time frame.
- A support zone ranging from 25.49 to 25.60. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.01 to 30.02. 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 | DOWN | NEGATIVE | The long term trend for BIO3.DE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BIO3.DE is up. |
| ChartMill Relative Strength | 12.25 | NEGATIVE | BIO3.DE has a low relative strength, it was outperformed by 87.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIO3.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BIO3.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BIO3.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.83 | NEUTRAL | The RSI value for BIO3.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests BIO3.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests BIO3.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for BIO3.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 17.72 | NEGATIVE | The low ADX value for BIO3.DE suggests a weak or negative trend. |
FRA:BIO3 (5/23/2025, 1:53:46 PM)
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BIOTEST AG-VORZUGSAKTIEN / BIO3.DE FAQ
What is the ChartMill technical rating of BIOTEST AG-VORZUGSAKTIEN (BIO3.DE) stock?
ChartMill assigns a technical rating of 2 / 10 to BIO3.DE.
Can you provide the trend direction for BIOTEST AG-VORZUGSAKTIEN?
The current trend direction for BIOTEST AG-VORZUGSAKTIEN (BIO3.DE) is Bearish.
What is the RSI signal for BIOTEST AG-VORZUGSAKTIEN (BIO3.DE) stock?
BIOTEST AG-VORZUGSAKTIEN (BIO3.DE) has an RSI value of 60.8345. This indicates that the stock is currently neutral.
What is the short term momentum for BIOTEST AG-VORZUGSAKTIEN (BIO3.DE) stock?
The short term momentum for BIOTEST AG-VORZUGSAKTIEN (BIO3.DE) is positive.
Can you provide the support and resistance levels for BIOTEST AG-VORZUGSAKTIEN?
BIOTEST AG-VORZUGSAKTIEN (BIO3.DE) has a support level at 28.48 and a resistance level at 30.01. Check the full technical report for our detailed analysis of BIO3.DE support and resistance levels.