BIO-KEY INTERNATIONAL INC (BKYI) Stock Technical Analysis
USA - NASDAQ:BKYI - US09060C5076 - Common Stock
0.775 USD
-0.02 (-2.85%)
0.81 USD
+0.04 (+4.52%)
Overall BKYI gets a technical rating of 1 out of 10. BKYI 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.
88% of all other stocks performed better in the past year than BKYI.
BKYI is part of the Software industry. There are 281 other stocks in this industry, of which 74% are performing better than BKYI.
BKYI 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 BKYI has a been trading in the 0.71 - 0.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
BKYI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.74, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.71
1.43
When analyzing the support we notice one important area.
- A support zone ranging from 0.72 to 0.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.81 to 0.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.84 to 0.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.42 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 | NEUTRAL | NEUTRAL | The short term trend for BKYI is neutral. |
| ChartMill Relative Strength | 12.18 | NEGATIVE | BKYI has a low relative strength, it was outperformed by 87.82% 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) | 50.62 | NEUTRAL | The RSI value for BKYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BKYI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.14 | NEUTRAL | The Stochastics value for BKYI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.41 | HIGH VOLATILITY | The high ATR as a percentage value for BKYI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.91 | NEUTRAL | The ADX value for BKYI suggests a possible start of a new 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)
0.775
-0.02 (-2.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.85%
1 Week0.51%
2 Weeks3.03%
1 Month1.97%
3 Month-4.39%
6 Month-26.89%
12 Month-26.89%
2 Year-92.03%
3 Year-97.19%
5 Year-98.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%5.41%
ATR Inc-1.46%
Range Today0.05
ADR(20)0.04
ADR(20)%5.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.18
Mansfield-2.71
10 Day High0.86
10 Day Low0.73
20 Day High0.86
20 Day Low0.71
52 Week High3.68
52 Week Low0.52
CS1 End0.74
CR1 Start0.81
Volume & EV
DER(3)-11.53%
DER(5)-0.51%
Volume169.80K
Volume Incr137.55%
Vol(5)231.98K
Vol(50)137.38K