BIOVIE INC (BIVI) Stock Technical Analysis
NASDAQ:BIVI - Nasdaq - US09074F4054 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to BIVI. BIVI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
96% of all other stocks performed better in the past year than BIVI.
BIVI is part of the Biotechnology industry. There are 561 other stocks in this industry, of which 71% are performing better than BIVI.
BIVI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BIVI is lagging the market.
In the last month BIVI has a been trading in the 0.82 - 1.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
0.92
1.09
2 important support areas can be observed.
- Support @0.99 from a horizontal line in the daily time frame.
- Support @0.93 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages 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 BIVI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BIVI is neutral. |
| ChartMill Relative Strength | 4.77 | NEGATIVE | BIVI has a low relative strength, it was outperformed by 95.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BIVI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BIVI is above 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) | 50.45 | NEUTRAL | The RSI value for BIVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BIVI has a negative trend. |
| Stochastics (14,3) | 27.65 | NEUTRAL | The Stochastics value for BIVI is a neutral value. |
| Average True Range in percent/ATR (20) | 11.77 | HIGH VOLATILITY | The high ATR as a percentage value for BIVI suggests high volalility. |
| Average Directional Index/ADX (14) | 31.53 | POSITIVE | The high ADX value value for BIVI 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)
1.03
+0.03 (+3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3%
1 Week-1.9%
2 Weeks-16.26%
1 Month15.19%
3 Month-30.41%
6 Month-66.23%
12 Month-77.32%
2 Year-98.24%
3 Year-95.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%11.77%
ATR Inc-63.8%
Range Today0.05
ADR(20)0.12
ADR(20)%11.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.77
Mansfield-5.85
10 Day High1.23
10 Day Low0.98
20 Day High1.32
20 Day Low0.82
52 Week High7.5
52 Week Low0.62
CS1 End0.99
CR1 Start1.03
Volume & EV
DER(3)-3.83%
DER(5)-5.17%
Volume204.10K
Volume Incr-67.37%
Vol(5)275.64K
Vol(50)476.32K