BIOAGE LABS INC (BIOA) Stock Technical Analysis
NASDAQ:BIOA - Nasdaq - US09077V1008 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to BIOA. In the past year, BIOA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
BIOA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.46, a Stop Loss order could be placed below this zone.
More info and screens
4.08
3 important support areas can be observed.
- A support zone ranging from 4.42 to 4.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.19 from a horizontal line in the weekly time frame.
- Support @4.12 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.77 to 4.81. 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 BIOA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BIOA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BIOA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIOA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIOA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BIOA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.6 | NEUTRAL | The RSI value for BIOA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BIOA has a positive trend. |
| Stochastics (14,3) | 72.04 | NEUTRAL | The Stochastics value for BIOA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for BIOA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.68 | POSITIVE | The high ADX value value for BIOA suggests a strong trend. |
4.76
+0.16 (+3.48%)