BIOTECH ACQUISITION CO-CL A (BIOT) Stock Technical Analysis
USA - NASDAQ:BIOT - KYG1125A1085 - Common Stock
10.15 USD
-0.08 (-0.78%)
10.19 USD
+0.04 (+0.39%)
Overall BIOT gets a technical rating of 8 out of 10. Both in the recent history as in the last year, BIOT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, BIOT did better than 74% of all other stocks. On top of that, BIOT also shows a nice and consistent pattern of rising prices.
BIOT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BIOT is lagging the market slightly.
In the last month BIOT has a been trading in a tight range between 10.10 and 10.34.
Considerably lower volume is observed in the last couple of days.
BIOT has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.76
10.43
When analyzing the support we notice one important area.
- Strong support @9.86 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.18 to 10.33. 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 BIOT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BIOT is neutral. |
| ChartMill Relative Strength | 74.39 | POSITIVE | BIOT has a high relative strength, it outperformed 74.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BIOT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIOT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BIOT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.69 | NEUTRAL | The RSI value for BIOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BIOT has a negative trend. |
| Stochastics (14,3) | 36.51 | NEUTRAL | The Stochastics value for BIOT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.51 | LOW VOLATILITY | The low ATR as a percentage value for BIOT suggests low volalility. |
| Average Directional Index/ADX (14) | 75.75 | POSITIVE | The high ADX value value for BIOT 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)
10.15
-0.08 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.78%
1 Week-0.68%
2 Weeks-0.05%
1 Month0.5%
3 Month1.6%
6 Month3.05%
12 Month4.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.51%
ATR Inc-16.87%
Range Today0.05
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
CRS74.39
Mansfield-0.09
10 Day High10.32
10 Day Low10.14
20 Day High10.34
20 Day Low10.1
52 Week High10.41
52 Week Low8.3
CS1 End9.86
CR1 Start10.18
Volume & EV
DER(3)-0.3%
DER(5)0.47%
Volume44.40K
Volume Incr-92.67%
Vol(5)18.26K
Vol(50)122.01K