BIOAGE LABS INC (BIOA) Stock Technical Analysis
USA - NASDAQ:BIOA - US09077V1008 - Common Stock
4.9 USD
-0.32 (-6.13%)
4.9 USD
0 (0%)
Taking everything into account, BIOA scores 6 out of 10 in our technical rating. BIOA has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, BIOA is a bad performer in the overall market: 100% of all stocks are doing better.
BIOA is one of the lesser performing stocks in the Pharmaceuticals industry. 91% of 197 stocks in the same industry do better.
BIOA 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month BIOA has a been trading in the 4.42 - 5.29 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, BIOA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 4.82, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.06
4.99
When analyzing the support we can see 5 important areas.
- A support zone ranging from 4.75 to 4.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.58 to 4.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.46 from a trend line in the weekly time frame.
- Support @4.35 from a trend line in the daily time frame.
- A support zone ranging from 4.10 to 4.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.94 to 4.94. 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 | NEUTRAL | NEUTRAL | The long term trend for BIOA is neutral. |
| 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 | MIXED | The current price of BIOA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.68 | NEUTRAL | The RSI value for BIOA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BIOA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.15 | NEUTRAL | The Stochastics value for BIOA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for BIOA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.11 | NEUTRAL | The ADX value for BIOA suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.95 | 4.74 | 0.21 (4.24%) | 23.57% |
| An entry @4.95. This is a Buy Stop order right above the resistance zone. | An exit @4.74. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.21 points, which is 4.24%. | When investing 23.57% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BIOA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
4.9
-0.32 (-6.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-6.13%
1 Week2.08%
2 Weeks2.94%
1 Month8.89%
3 Month12.9%
6 Month9.13%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%4.86%
ATR Inc42.45%
Range Today0.41
ADR(20)0.23
ADR(20)%4.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High5.29
10 Day Low4.68
20 Day High5.29
20 Day Low4.42
52 Week High26.62
52 Week Low2.88
CS1 End4.82
CR1 Start4.94
Volume & EV
DER(3)1.94%
DER(5)0.18%
Volume700.30K
Volume Incr96.57%
Vol(5)327.72K
Vol(50)149.23K