BIO-KEY INTERNATIONAL INC (BKYI) Stock Technical Analysis
NASDAQ:BKYI - Nasdaq - US09060C5076 - Common Stock - Currency: USD
We assign a technical rating of 1 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.
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, BKYI is a bad performer in the overall market: 96% of all stocks are doing better.
BKYI is part of the Software industry. There are 284 other stocks in this industry, of which 85% are performing better than BKYI.
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 0.75 - 1.00 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
BKYI has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.65
1.56
2 important support areas can be observed.
- Support @0.73 from a trend line in the weekly time frame.
- A support zone ranging from 0.66 to 0.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.82 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages 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 and important moving averages in multiple time frames.
- Resistance @0.89 from a horizontal line in the daily time frame.
- Resistance @1.54 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 | 4.58 | NEGATIVE | BKYI has a low relative strength, it was outperformed by 95.42% 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) | UP | MIXED | The current price of BKYI is below the rising 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) | 42.45 | NEUTRAL | The RSI value for BKYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BKYI has a negative trend. |
| Stochastics (14,3) | 23.07 | NEUTRAL | The Stochastics value for BKYI is a neutral value. |
| Average True Range in percent/ATR (20) | 10.27 | HIGH VOLATILITY | The high ATR as a percentage value for BKYI suggests high volalility. |
| Average Directional Index/ADX (14) | 37.4 | POSITIVE | The high ADX value value for BKYI suggests a strong 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)
0.779
-0.03 (-3.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.83%
1 Week-8.87%
2 Weeks-7.26%
1 Month-8.24%
3 Month-35.08%
6 Month-19.36%
12 Month-58.12%
2 Year-94.24%
3 Year-97.55%
5 Year-99.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%10.27%
ATR Inc-33.1%
Range Today0.05
ADR(20)0.08
ADR(20)%10.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.58
Mansfield-3.39
10 Day High1
10 Day Low0.76
20 Day High1
20 Day Low0.75
52 Week High3.68
52 Week Low0.52
CS1 End0.73
CR1 Start0.82
Volume & EV
DER(3)-3.9%
DER(5)-3.76%
Volume323.00K
Volume Incr153.07%
Vol(5)772.74K
Vol(50)309.66K