We assign a technical rating of 1 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.
BLFS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.36. Right above this resistance zone may be a good entry point.
20.81
4 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for BLFS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLFS is down. |
| ChartMill Relative Strength | 28.51 | NEGATIVE | BLFS has a low relative strength, it was outperformed by 71.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BLFS is below the rising 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) | UP | POSITIVE | The current price of BLFS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.76 | NEUTRAL | The RSI value for BLFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BLFS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.02 | NEUTRAL | The Stochastics value for BLFS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for BLFS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.85 | NEGATIVE | The low ADX value for BLFS suggests a weak or negative trend. |
25.01
+0.4 (+1.63%)
ChartMill assigns a technical rating of 1 / 10 to BLFS.
The current trend direction for BIOLIFE SOLUTIONS INC (BLFS) is Bearish.
BIOLIFE SOLUTIONS INC (BLFS) has an RSI value of 45.7598. This indicates that the stock is currently neutral.
The short term momentum for BIOLIFE SOLUTIONS INC (BLFS) is negative.