Taking everything into account, BLFS scores 2 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, BLFS is a bad performer in the overall market: 78% of all stocks are doing better.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- BLFS is an average performer in the Life Sciences Tools & Services industry, it outperforms 41% of 57 stocks in the same industry.
- BLFS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BLFS is lagging the market.
- In the last month BLFS has a been trading in the 23.28 - 26.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BLFS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 25.16, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BLFS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
20.81
We found 3 important support areas.
- A support zone ranging from 23.89 to 25.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.65 from a trend line in the weekly time frame.
- A support zone ranging from 21.02 to 21.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @25.85 from a trend line in the daily time frame.
- Resistance @26.99 from a horizontal line in the daily time frame.
- A resistance zone ranging from 28.79 to 28.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for BLFS is neutral. |
| ChartMill Relative Strength | 22.06 | NEGATIVE | BLFS has a low relative strength, it was outperformed by 77.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLFS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BLFS is above 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) | 55.44 | NEUTRAL | The RSI value for BLFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BLFS has a positive trend. |
| Stochastics (14,3) | 48.01 | NEUTRAL | The Stochastics value for BLFS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for BLFS suggests some volalility. |
| Average Directional Index/ADX (14) | 11.94 | NEGATIVE | The low ADX value for BLFS suggests a weak or negative trend. |
25.55
+0.79 (+3.19%)
BIOLIFE SOLUTIONS INC / BLFS FAQ
What is the ChartMill technical rating of BIOLIFE SOLUTIONS INC (BLFS) stock?
ChartMill assigns a technical rating of 2 / 10 to BLFS.
Can you provide the trend direction for BIOLIFE SOLUTIONS INC?
The current trend direction for BIOLIFE SOLUTIONS INC (BLFS) is Bearish.
Can you provide the RSI signal for BIOLIFE SOLUTIONS INC?
BIOLIFE SOLUTIONS INC (BLFS) has an RSI value of 55.4369. This indicates that the stock is currently neutral.
What is the MACD signal for BLFS stock?
The MACD indicator for BIOLIFE SOLUTIONS INC (BLFS) has a value of 0.0663908, indicating a bearish trend.
What are the support and resistance levels for BIOLIFE SOLUTIONS INC (BLFS) stock?
BIOLIFE SOLUTIONS INC (BLFS) has a support level at 25.16 and a resistance level at 25.85. Check the full technical report for our detailed analysis of BLFS support and resistance levels.