BIOPLUS ACQUISITION CORP-A (BIOS) Stock Technical Analysis
NASDAQ:BIOS - Nasdaq - KYG112171171 - Common Stock - Currency: USD
Taking everything into account, BIOS scores 7 out of 10 in our technical rating. Although BIOS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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.
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.
More info and screens
9.78
10.96
We found 3 important support areas.
- 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.
When analyzing the resistance we notice one important 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.
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 BIOS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BIOS is up. |
| ChartMill Relative Strength | 69.38 | NEUTRAL | BIOS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BIOS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIOS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BIOS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.1 | NEUTRAL | The RSI value for BIOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BIOS has a negative trend. |
| Stochastics (14,3) | 25.06 | NEUTRAL | The Stochastics value for BIOS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for BIOS suggests low volalility. |
| Average Directional Index/ADX (14) | 66.52 | POSITIVE | The high ADX value value for BIOS suggests a strong 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)
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
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