BLUEJAY DIAGNOSTICS INC (BJDX) Stock Technical Analysis
NASDAQ:BJDX - Nasdaq - US0956335097 - Common Stock - Currency: USD
Overall BJDX gets a technical rating of 1 out of 10. BJDX'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.
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.
When comparing the yearly performance of all stocks, BJDX is a bad performer in the overall market: 100% of all stocks are doing better.
BJDX is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 89% are performing better than BJDX.
BJDX 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 BJDX is lagging the market.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BJDX has an average volume of 2325760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BJDX has a been trading in the 1.49 - 2.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BJDX has a poor technical rating and the quality of the setup is also not perfect 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
1.97
4.48
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.26 to 2.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.44 from a horizontal 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 BJDX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BJDX is neutral. |
| ChartMill Relative Strength | 0.82 | NEGATIVE | BJDX has a low relative strength, it was outperformed by 99.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BJDX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BJDX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BJDX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.75 | NEUTRAL | The RSI value for BJDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BJDX has a positive trend. |
| Stochastics (14,3) | 45.93 | NEUTRAL | The Stochastics value for BJDX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.74 | HIGH VOLATILITY | The high ATR as a percentage value for BJDX suggests high volalility. |
| Average Directional Index/ADX (14) | 8.81 | NEGATIVE | The low ADX value for BJDX 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)
1.99
-0.26 (-11.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-11.56%
1 Week13.07%
2 Weeks9.94%
1 Month13.71%
3 Month-50.78%
6 Month-57.02%
12 Month-99.02%
2 Year-99.91%
3 Year-99.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%9.74%
ATR Inc309.79%
Range Today0.29
ADR(20)0.17
ADR(20)%8.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.82
Mansfield-8.24
10 Day High2.45
10 Day Low1.49
20 Day High2.45
20 Day Low1.49
52 Week High188.51
52 Week Low1.46
CS1 EndN/A
CR1 Start2.26
Volume & EV
DER(3)-0.47%
DER(5)-0.87%
Volume953.60K
Volume Incr11724.08%
Vol(5)8.14M
Vol(50)2.33M