L&G PHARMA BREAKTHROUGH (BIOT.MI) Stock Technical Analysis
BIT:BIOT - IE00BF0H7608 - ETF
10.23 EUR
+0.29 (+2.89%)
We assign a technical rating of 4 out of 10 to BIOT. Recently some decent action could be observed, but in the medium term time frame this is still negative. BIOT was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, BIOT is a bad performer in the overall market: 70% of all stocks are doing better.
Warning: BIOT has an average volume of 3506 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BIOT has a been trading in the 8.63 - 10.63 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, which is what you like to see during a strong movement up.
BIOT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BIOT is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BIOT has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.38
11.80
5 important support areas can be observed.
- A support zone ranging from 10.15 to 10.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.50 to 9.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.10 from a horizontal line in the daily time frame.
- Support @8.79 from a trend line in the daily time frame.
- A support zone ranging from 8.46 to 8.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @10.29 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.68 to 11.68. 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 | NEUTRAL | NEUTRAL | The long term trend for BIOT.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BIOT.MI is up. |
| ChartMill Relative Strength | 30.64 | NEUTRAL | BIOT.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIOT.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIOT.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 59.35 | NEUTRAL | The RSI value for BIOT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BIOT.MI has a positive trend. |
| Stochastics (14,3) | 66.58 | NEUTRAL | The Stochastics value for BIOT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for BIOT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.45 | NEGATIVE | The low ADX value for BIOT.MI suggests a weak or negative 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)
BIT:BIOT (9/1/2025, 7:00:00 PM)
10.23
+0.29 (+2.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.89%
1 Week12.37%
2 Weeks12.8%
1 Month3.79%
3 Month1.19%
6 Month0.31%
12 Month-4.27%
2 Year6.52%
3 Year-0.56%
5 Year8.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%2.71%
ATR Inc2.1%
Range Today0.12
ADR(20)0.08
ADR(20)%0.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.64
Mansfield-2.51
10 Day High10.26
10 Day Low9.01
20 Day High10.63
20 Day Low8.63
52 Week High11.73
52 Week Low8.43
CS1 End10.22
CR1 Start10.29
Volume & EV
DER(3)0%
DER(5)0%
Volume1.04K
Volume Incr592.98%
Vol(5)19.19K
Vol(50)3.51K