BIOCERES CROP SOLUTIONS CORP (BIOX) Stock Technical Analysis
NASDAQ:BIOX - Nasdaq - KYG1117K1141 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to BIOX. Recently some decent action could be observed, but in the medium term time frame this is still negative. BIOX was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BIOX is a bad performer in the overall market: 85% of all stocks are doing better.
BIOX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BIOX is lagging the market.
In the last month BIOX has a been trading in the 4.00 - 4.93 range, which is quite wide. It is currently trading near the high of this range.
BIOX is part of the Chemicals industry. There are 85 other stocks in this industry, BIOX did better than 40% of them.
BIOX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.72. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.06
6.83
3 important support areas can be observed.
- A support zone ranging from 4.61 to 4.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.36 to 4.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.10 to 4.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.72 to 4.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.90 from a horizontal line in the daily time frame.
- Resistance @6.76 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for BIOX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BIOX is neutral. |
| ChartMill Relative Strength | 15.03 | NEGATIVE | BIOX has a low relative strength, it was outperformed by 84.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIOX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIOX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BIOX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.35 | NEUTRAL | The RSI value for BIOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BIOX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.01 | NEUTRAL | The Stochastics value for BIOX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.85 | HIGH VOLATILITY | The high ATR as a percentage value for BIOX suggests high volalility. |
| Average Directional Index/ADX (14) | 11.12 | NEGATIVE | The low ADX value for BIOX 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)
4.63
+0.1 (+2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg2.21%
1 Week-0.43%
2 Weeks-1.7%
1 Month7.67%
3 Month1.76%
6 Month-24.47%
12 Month-57.72%
2 Year-61.19%
3 Year-68.46%
5 Year-30.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%6.85%
ATR Inc10.01%
Range Today0.33
ADR(20)0.31
ADR(20)%6.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.03
Mansfield-3.83
10 Day High4.93
10 Day Low4.31
20 Day High4.93
20 Day Low4
52 Week High11.86
52 Week Low3.51
CS1 End4.62
CR1 Start4.72
Volume & EV
DER(3)-4.64%
DER(5)-3.68%
Volume233.60K
Volume Incr48.48%
Vol(5)159.72K
Vol(50)159.02K