BioAmber Inc (BIOA.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:BIOA - US09072Q1067
Overall BIOA gets a technical rating of 3 out of 10. In the last year, BIOA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than BIOA.
- Warning: BIOA has an average volume of 0 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- A new 52 week high is currently being made by BIOA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month BIOA has a been trading in a tight range between 6.14 and 6.14.
The technical rating of BIOA 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
6.07
When analyzing the support we notice one important area.
- A support zone ranging from 6.13 to 6.13. 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 6.14 to 6.15. 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 BIOA.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BIOA.PA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BIOA.PA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIOA.PA is below a declining SMA(20). |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests BIOA.PA has a negative trend, although the MACD value is rising. |
6.14
0 (0%)
BioAmber Inc / BIOA.PA FAQ
What is the ChartMill technical rating of BioAmber Inc (BIOA.PA) stock?
ChartMill assigns a technical rating of 3 / 10 to BIOA.PA.
Can you provide the trend direction for BioAmber Inc?
The current trend direction for BioAmber Inc (BIOA.PA) is Bullish.
Can you provide the RSI signal for BioAmber Inc?
BioAmber Inc (BIOA.PA) has an RSI value of 0. This indicates that the stock is currently oversold.
What is the MACD signal for BIOA stock?
The MACD indicator for BioAmber Inc (BIOA.PA) has a value of -0.178785, indicating a bearish trend.
What is the support and resistance level for BIOA stock?
BioAmber Inc (BIOA.PA) has a support level at 6.13 and a resistance level at 6.14. Check the full technical report for our detailed analysis of BIOA.PA support and resistance levels.