BIOPLUS ACQUISITION CORP-A (BIOS) Technical Analysis
NASDAQ:BIOS • KYG112171171
Current stock price
BIOS Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to BIOS. 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.
BIOS Weekly and Daily overview Charts
BIOS Setup Rating and Analysis
Besides having an excellent technical rating, BIOS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
BIOS Support and Resistance Analysis
9.78
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.
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.
BIOS 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.
| 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. |
BIOS Chart- and CandleStick Pattern Analysis
BIOS Technicals: Chart, Performance Metrics, Trend & Indicators
10.795
-0.01 (-0.05%)
BIOPLUS ACQUISITION CORP-A / BIOS TA 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 trend direction for BIOS stock?
The current trend direction for BIOPLUS ACQUISITION CORP-A (BIOS) is Bullish.
What is the RSI signal for BIOS stock?
BIOPLUS ACQUISITION CORP-A (BIOS) has an RSI value of 51.1034. This indicates that the stock is currently neutral.
What is the buy/sell signal for BIOS stock?
The buy/sell signal for BIOPLUS ACQUISITION CORP-A (BIOS) is buy as both the short term and long term trends are positive.
What is the support and resistance level for BIOS stock?
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.