BIO-KEY INTERNATIONAL INC (BKYI) Stock Technical Analysis
NASDAQ:BKYI - US09060C5076 - Common Stock
0.7702 USD
+0.01 (+1.34%)
0.7705 USD
+0 (+0.04%)
We assign a technical rating of 0 out of 10 to BKYI. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BKYI is a bad performer in the overall market: 91% of all stocks are doing better.
BKYI is one of the lesser performing stocks in the Software industry. 74% of 283 stocks in the same industry do better.
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 0.69 - 0.86 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BKYI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.74, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BKYI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.71
1.55
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 the daily time frame.
5 important resistance areas can be observed.
- Resistance @0.77 from a trend line in the daily time frame.
- Resistance @0.83 from a trend line in the daily time frame.
- A resistance zone ranging from 0.85 to 0.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.46 from a trend line in the weekly time frame.
- Resistance @1.53 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 | DOWN | NEGATIVE | The short term trend for BKYI is down. |
| ChartMill Relative Strength | 9.03 | NEGATIVE | BKYI has a low relative strength, it was outperformed by 90.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BKYI is above a declining 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) | 48.36 | NEUTRAL | The RSI value for BKYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BKYI has a positive trend. |
| Stochastics (14,3) | 42.81 | NEUTRAL | The Stochastics value for BKYI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.04 | HIGH VOLATILITY | The high ATR as a percentage value for BKYI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.54 | 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)
0.7702
+0.01 (+1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.34%
1 Week5.05%
2 Weeks2.34%
1 Month-7.54%
3 Month-2.38%
6 Month-25.22%
12 Month-42.94%
2 Year-91.61%
3 Year-97.48%
5 Year-99.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%7.04%
ATR Inc-60.56%
Range Today0.02
ADR(20)0.05
ADR(20)%6.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.03
Mansfield-2.92
10 Day High0.84
10 Day Low0.71
20 Day High0.86
20 Day Low0.69
52 Week High3.68
52 Week Low0.52
CS1 End0.74
CR1 Start0.77
Volume & EV
DER(3)11.74%
DER(5)5.33%
Volume64.70K
Volume Incr14.49%
Vol(5)161.74K
Vol(50)327.45K