BIOVIE INC (BIVI) Technical Analysis
NASDAQ:BIVI • US09074F5044
Current stock price
BIVI Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to BIVI. In the past year, BIVI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 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, BIVI is a bad performer in the overall market: 91% of all stocks are doing better.
- BIVI is part of the Biotechnology industry. There are 516 other stocks in this industry, of which 75% are performing better than BIVI.
- 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 1.20 - 1.52 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 Weekly and Daily overview Charts
BIVI Setup Rating and Analysis
Although the technical rating is only medium, BIVI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.35, a Stop Loss order could be placed below this zone.
More info and screens
BIVI Support and Resistance Analysis
1.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.35 to 1.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.25 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.47 to 1.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.50 from a horizontal line in the daily time frame.
BIVI 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 | NEUTRAL | NEUTRAL | The short term trend for BIVI is neutral. |
| ChartMill Relative Strength | 9.79 | NEGATIVE | BIVI has a low relative strength, it was outperformed by 90.21% 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) | UP | POSITIVE | The current price of BIVI is above the rising 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) | 56.12 | NEUTRAL | The RSI value for BIVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BIVI has a positive trend. |
| Stochastics (14,3) | 52.71 | NEUTRAL | The Stochastics value for BIVI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.83 | HIGH VOLATILITY | The high ATR as a percentage value for BIVI suggests high volalility. |
| Average Directional Index/ADX (14) | 11.85 | NEGATIVE | The low ADX value for BIVI suggests a weak or negative trend. |
BIVI Chart- and CandleStick Pattern Analysis
BIVI Technicals: Chart, Performance Metrics, Trend & Indicators
1.46
+0.08 (+5.8%)
BIOVIE INC / BIVI TA FAQ
What is the technical rating for BIVI stock?
ChartMill assigns a technical rating of 4 / 10 to BIVI.
Can you provide the trend direction for BIOVIE INC?
The current trend direction for BIOVIE INC (BIVI) is Bearish.
Can you provide the RSI signal for BIOVIE INC?
BIOVIE INC (BIVI) has an RSI value of 56.1177. This indicates that the stock is currently neutral.
What is the short term momentum for BIVI stock?
The short term momentum for BIOVIE INC (BIVI) is neutral.
What are the support and resistance levels for BIOVIE INC (BIVI) stock?
BIOVIE INC (BIVI) has a support level at 1.35 and a resistance level at 1.47. Check the full technical report for our detailed analysis of BIVI support and resistance levels.