We assign a technical rating of 2 out of 10 to BKYI. Recently some decent action could be observed, but in the medium term time frame this is still negative. BKYI was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, BKYI is a bad performer in the overall market: 93% of all stocks are doing better.
- BKYI is one of the lesser performing stocks in the Software industry. 68% of 278 stocks in the same industry do better.
- BKYI is currently trading in the lower part of its 52 week range, which is not a good signal. On the other hand, the S&P500 Index is also trading in the lower part of its yearly range, so BKYI is not an exception.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- BKYI has an average volume of 3876500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month BKYI has a been trading in the 0.53 - 0.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of BKYI is bad and it also does not present a quality setup 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
0.53
When analyzing the support we notice one important area.
- Support @0.54 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.72 to 0.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.25 from a trend line in the weekly 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 BKYI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKYI is up. |
| ChartMill Relative Strength | 7.73 | NEGATIVE | BKYI has a low relative strength, it was outperformed by 92.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKYI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BKYI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BKYI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.84 | NEUTRAL | The RSI value for BKYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BKYI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.12 | NEUTRAL | The Stochastics value for BKYI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.88 | HIGH VOLATILITY | The high ATR as a percentage value for BKYI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.5 | NEUTRAL | The ADX value for BKYI suggests a possible start of a new trend. |
0.6677
-0.06 (-7.97%)
BIO-KEY INTERNATIONAL INC / BKYI FAQ
What is the technical rating for BKYI stock?
ChartMill assigns a technical rating of 2 / 10 to BKYI.
What is the trend direction for BKYI stock?
The current trend direction for BIO-KEY INTERNATIONAL INC (BKYI) is Bearish.
What is the RSI signal for BIO-KEY INTERNATIONAL INC (BKYI) stock?
BIO-KEY INTERNATIONAL INC (BKYI) has an RSI value of 53.8415. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BIO-KEY INTERNATIONAL INC?
The MACD indicator for BIO-KEY INTERNATIONAL INC (BKYI) has a value of 0.0193634, indicating a bearish trend.
What is the buy/sell signal for BIO-KEY INTERNATIONAL INC (BKYI) stock?
The buy/sell signal for BIO-KEY INTERNATIONAL INC (BKYI) is hold as the short term and long term trends are mixed.