BIVI Technical Analysis - BIOVIE INC

Technical Rating and Analysis

Taking everything into account, BIVI scores 1 out of 10 in our technical rating. BIVI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

100% of all other stocks performed better in the past year than BIVI.

BIVI is one of the lesser performing stocks in the Biotechnology industry. 91% of 541 stocks in the same industry do better.

BIVI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month BIVI has a been trading in the 1.42 - 2.03 range, which is quite wide. It is currently trading near the high of this range.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

BIVI has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.73

3.75

When analyzing the support we notice one important area.

Support @1.75 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 1.88 to 1.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 3.67 to 3.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

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What is Support and Resistance

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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	DOWN	NEGATIVE	The long term trend for BIVI is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for BIVI is down.
ChartMill Relative Strength	0.24	NEGATIVE	BIVI has a low relative strength, it was outperformed by 99.76% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of BIVI is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of BIVI is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of BIVI is below a declining SMA(200).
Relative Strength Index/RSI (14)	35.9	NEUTRAL	The RSI value for BIVI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.2	POSITIVE	The MACD value suggests BIVI has a positive trend, although the MACD value is declining.
Stochastics (14,3)	68.67	NEUTRAL	The Stochastics value for BIVI is a neutral value.
Average True Range in percent/ATR (20)	7.27	HIGH VOLATILITY	The high ATR as a percentage value for BIVI suggests high volalility.
Average Directional Index/ADX (14)	47.61	POSITIVE	The high ADX value value for BIVI suggests a strong trend.