BIOLIFE SOLUTIONS INC (BLFS) Technical Analysis
NASDAQ:BLFS • US09062W2044
Current stock price
BLFS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BLFS. BLFS 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, BLFS is a bad performer in the overall market: 82% of all stocks are doing better.
- BLFS is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry, of which 61% are performing better than BLFS.
- BLFS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BLFS is lagging the market.
- In the last month BLFS has a been trading in the 17.86 - 20.47 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.
BLFS Weekly and Daily overview Charts
BLFS Setup Rating and Analysis
Although the technical rating is bad, BLFS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
BLFS Support and Resistance Analysis
17.97
When analyzing the support we notice one important area.
- A support zone ranging from 18.15 to 18.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @19.86 from a horizontal line in the daily time frame.
- Resistance @22.49 from a trend line in the daily time frame.
- Resistance @23.36 from a trend line in the daily time frame.
- Resistance @24.11 from a horizontal line in the daily time frame.
BLFS 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 BLFS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLFS is down. |
| ChartMill Relative Strength | 18.38 | NEGATIVE | BLFS has a low relative strength, it was outperformed by 81.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BLFS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLFS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLFS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.2 | NEUTRAL | The RSI value for BLFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests BLFS has a positive trend. |
| Stochastics (14,3) | 54.77 | NEUTRAL | The Stochastics value for BLFS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for BLFS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.76 | NEUTRAL | The ADX value for BLFS suggests a possible start of a new trend. |
BLFS Chart- and CandleStick Pattern Analysis
BLFS Technicals: Chart, Performance Metrics, Trend & Indicators
19.51
+0.22 (+1.14%)
BIOLIFE SOLUTIONS INC / BLFS TA FAQ
What is the ChartMill technical rating of BIOLIFE SOLUTIONS INC (BLFS) stock?
ChartMill assigns a technical rating of 0 / 10 to BLFS.
Can you provide the trend direction for BIOLIFE SOLUTIONS INC?
The current trend direction for BIOLIFE SOLUTIONS INC (BLFS) is Bearish.
What is the RSI signal for BLFS stock?
BIOLIFE SOLUTIONS INC (BLFS) has an RSI value of 46.1999. This indicates that the stock is currently neutral.
What is the buy/sell signal for BIOLIFE SOLUTIONS INC (BLFS) stock?
The buy/sell signal for BIOLIFE SOLUTIONS INC (BLFS) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for BIOLIFE SOLUTIONS INC?
BIOLIFE SOLUTIONS INC (BLFS) has a support level at 18.36 and a resistance level at 19.86. Check the full technical report for our detailed analysis of BLFS support and resistance levels.