BIOLIFE SOLUTIONS INC (BLFS) Technical Analysis
NASDAQ:BLFS • US09062W2044
Current stock price
BLFS Technical Rating and Analysis
Taking everything into account, BLFS scores 4 out of 10 in our technical rating. In the past year, BLFS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, BLFS is a bad performer in the overall market: 80% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month BLFS has a been trading in the 17.89 - 23.18 range, which is quite wide. It is currently trading near the high of this range.
- BLFS is an average performer in the Life Sciences Tools & Services industry, it outperforms 49% of 56 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BLFS Weekly and Daily overview Charts
BLFS Setup Rating and Analysis
BLFS has an average technical rating and it also does not offer a high quality setup 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
BLFS Support and Resistance Analysis
19.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.71 to 22.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.63 to 21.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.27 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 22.81 to 22.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.11 from a horizontal line in the daily time frame.
- Resistance @24.62 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for BLFS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLFS is up. |
| ChartMill Relative Strength | 20.48 | NEGATIVE | BLFS has a low relative strength, it was outperformed by 79.52% 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) | UP | POSITIVE | The current price of BLFS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BLFS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.68 | NEUTRAL | The RSI value for BLFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests BLFS has a positive trend. |
| Stochastics (14,3) | 90.6 | OVERBOUGHT | The high Stochastics value suggests BLFS may be overbought. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for BLFS suggests some volalility. |
| Average Directional Index/ADX (14) | 23.81 | 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
22.8
+0.43 (+1.92%)
BIOLIFE SOLUTIONS INC / BLFS TA FAQ
What is the ChartMill technical rating of BIOLIFE SOLUTIONS INC (BLFS) stock?
ChartMill assigns a technical rating of 4 / 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 67.6768. This indicates that the stock is currently neutral.
What are the support and resistance levels for BIOLIFE SOLUTIONS INC (BLFS) stock?
BIOLIFE SOLUTIONS INC (BLFS) has a support level at 22.79 and a resistance level at 22.81. Check the full technical report for our detailed analysis of BLFS support and resistance levels.