BIO-KEY INTERNATIONAL INC (BKYI) Technical Analysis
NASDAQ:BKYI • US09060C5076
Current stock price
BKYI Technical Rating and Analysis
Overall BKYI gets a technical rating of 0 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BKYI is a bad performer in the overall market: 85% of all stocks are doing better.
- BKYI 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 BKYI is lagging the market.
- In the last month BKYI has a been trading in the 0.49 - 0.70 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- BKYI has an average volume of 3979670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- BKYI is an average performer in the Software industry, it outperforms 54% of 275 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
BKYI Weekly and Daily overview Charts
BKYI Setup Rating and Analysis
BKYI has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
BKYI Support and Resistance Analysis
0.54
We can see 4 important resistance areas.
- A resistance zone ranging from 0.63 to 0.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.67 from a trend line in the daily time frame.
- Resistance @0.73 from a horizontal line in the daily time frame.
- Resistance @0.77 from a horizontal line in the daily time frame.
BKYI 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 BKYI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BKYI is down. |
| ChartMill Relative Strength | 15.9 | NEGATIVE | BKYI has a low relative strength, it was outperformed by 84.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BKYI is below 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) | 40.19 | NEUTRAL | The RSI value for BKYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BKYI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.62 | NEUTRAL | The Stochastics value for BKYI is a neutral value. |
| Average True Range in percent/ATR (20) | 10.11 | HIGH VOLATILITY | The high ATR as a percentage value for BKYI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.1 | NEGATIVE | The low ADX value for BKYI suggests a weak or negative trend. |
BKYI Chart- and CandleStick Pattern Analysis
BKYI Technicals: Chart, Performance Metrics, Trend & Indicators
0.5433
+0.02 (+3.37%)
BIO-KEY INTERNATIONAL INC / BKYI TA FAQ
What is the technical rating for BKYI stock?
ChartMill assigns a technical rating of 0 / 10 to BKYI.
What is the trend direction for BKYI stock?
The current trend direction for BIO-KEY INTERNATIONAL INC (BKYI) is Bearish.
Can you provide the RSI signal for BIO-KEY INTERNATIONAL INC?
BIO-KEY INTERNATIONAL INC (BKYI) has an RSI value of 40.1867. 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 -0.0110632, indicating a bearish trend.
What is the support and resistance level for BKYI stock?
BIO-KEY INTERNATIONAL INC (BKYI) has a resistance level at 0.63. Check the full technical report for our detailed analysis of BKYI support and resistance levels.