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BIOPLUS ACQUISITION CORP-A (BIOS) Stock Technical Analysis

USA - Nasdaq - NASDAQ:BIOS - KYG112171171 - Common Stock

10.795 USD
-0.01 (-0.05%)
Last: 10/6/2023, 8:18:10 PM
10.79 USD
-0.01 (-0.05%)
After Hours: 10/6/2023, 8:18:10 PM
Technical Rating and Analysis

7

Overall BIOS gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BIOS is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, BIOS outperforms 69% of them, which is more or less in line with the market.
BIOS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BIOS is lagging the market.
In the last month BIOS has a been trading in a tight range between 10.77 and 10.84.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BIOPLUS ACQUISITION CORP-A / BIOS Weekly stock chart
BIOPLUS ACQUISITION CORP-A / BIOS Daily stock chart
Setup Rating and Analysis

5

BIOS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

9.78

10.96

3 important support areas can be observed.

  • A support zone ranging from 10.63 to 10.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @10.39 from a horizontal line in the daily time frame.
  • A support zone ranging from 9.88 to 9.88. 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 10.81 to 10.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for BIOS is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for BIOS is up.
ChartMill Relative Strength69.38NEUTRALBIOS is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of BIOS is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BIOS is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BIOS is above the rising SMA(200).
Relative Strength Index/RSI (14)51.1NEUTRALThe RSI value for BIOS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests BIOS has a negative trend.
Stochastics (14,3)25.06NEUTRALThe Stochastics value for BIOS is a neutral value.
Average True Range in percent/ATR (20)0.18LOW VOLATILITYThe low ATR as a percentage value for BIOS suggests low volalility.
Average Directional Index/ADX (14)66.52POSITIVEThe high ADX value value for BIOS suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
BIOPLUS ACQUISITION CORP-A / BIOS Daily stock chart

BIOPLUS ACQUISITION CORP-A

NASDAQ:BIOS (10/6/2023, 8:18:10 PM)

After market: 10.79 -0.01 (-0.05%)

10.795

-0.01 (-0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.05%
1 Week-0.32%
2 Weeks-0.14%
1 Month0.05%
3 Month1.41%
6 Month3.25%
12 Month7.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.18%
ATR Inc-53.66%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.38
3 months CRSN/A
6 months CRSN/A
Mansfield-0.11
10 Day High10.84
10 Day Low10.78
20 Day High10.84
20 Day Low10.77
52 Week High11.68
52 Week Low10.02
CS1 End10.75
CR1 Start10.81
Volume & EV
DER(3)0.09%
DER(5)0.05%
Volume5.60K
Volume Incr-30.28%
Vol(5)9.74K
Vol(50)44.35K

BIOPLUS ACQUISITION CORP-A / BIOS FAQ

What is the ChartMill technical rating of BIOPLUS ACQUISITION CORP-A (BIOS) stock?

ChartMill assigns a technical rating of 7 / 10 to BIOS.


What is the current trend direction of BIOPLUS ACQUISITION CORP-A (BIOS) stock?

The current trend direction for BIOPLUS ACQUISITION CORP-A (BIOS) is Bullish.


Can you provide the RSI signal for BIOPLUS ACQUISITION CORP-A?

BIOPLUS ACQUISITION CORP-A (BIOS) has an RSI value of 51.1034. This indicates that the stock is currently neutral.


Can you provide the MACD signal for BIOPLUS ACQUISITION CORP-A?

The MACD indicator for BIOPLUS ACQUISITION CORP-A (BIOS) has a value of -0.00733877, indicating a bearish trend.


Can you provide the support and resistance levels for BIOPLUS ACQUISITION CORP-A?

BIOPLUS ACQUISITION CORP-A (BIOS) has a support level at 10.75 and a resistance level at 10.81. Check the full technical report for our detailed analysis of BIOS support and resistance levels.