Taking everything into account, BKYI scores 0 out of 10 in our technical rating. 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.
BKYI has a poor technical rating and the quality of the setup is also only medium 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
0.62
When analyzing the support we notice one important area.
- A support zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @0.85 from a trend line in the weekly time frame.
- Resistance @1.00 from a trend line in the daily time frame.
- Resistance @1.02 from a horizontal line in the daily 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 | 14.55 | NEGATIVE | BKYI has a low relative strength, it was outperformed by 85.45% 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) | 37.02 | 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) | 13.87 | OVERSOLD | The low Stochastics value suggests BKYI may be oversold. |
| Average True Range in percent/ATR (20) | 7.7 | HIGH VOLATILITY | The high ATR as a percentage value for BKYI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.85 | NEUTRAL | The ADX value for BKYI suggests a possible start of a new trend. |
0.6421
-0.01 (-1.67%)
BIO-KEY INTERNATIONAL INC / BKYI FAQ
What is the technical rating for BKYI stock?
ChartMill assigns a technical rating of 0 / 10 to BKYI.
Can you provide the trend direction for BIO-KEY INTERNATIONAL INC?
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 37.0249. This indicates that the stock is currently neutral.
What is the short term momentum for BKYI stock?
The short term momentum for BIO-KEY INTERNATIONAL INC (BKYI) is negative.
What is the support and resistance level for BKYI stock?
BIO-KEY INTERNATIONAL INC (BKYI) has a support level at 0.64 and a resistance level at 0.85. Check the full technical report for our detailed analysis of BKYI support and resistance levels.