Overall BLFS gets a technical rating of 0 out of 10. 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: 81% of all stocks are doing better.
- BLFS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- BLFS is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry, BLFS did better than 42% of them.
- 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.
The technical rating of BLFS is bad and it also does not present a 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
20.43
We found 2 important support areas.
- Support @21.84 from a trend line in the daily time frame.
- A support zone ranging from 20.64 to 21.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 22.84 to 23.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 23.96 to 24.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.30 from a trend line in the daily time frame.
- Resistance @26.35 from a horizontal line in the daily time frame.
- Resistance @26.99 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 BLFS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLFS is down. |
| ChartMill Relative Strength | 19.13 | NEGATIVE | BLFS has a low relative strength, it was outperformed by 80.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLFS is below 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) | UP | MIXED | The current price of BLFS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.76 | NEUTRAL | The RSI value for BLFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests BLFS has a negative trend. |
| Stochastics (14,3) | 15.69 | OVERSOLD | The low Stochastics value suggests BLFS may be oversold. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for BLFS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.92 | NEGATIVE | The low ADX value for BLFS suggests a weak or negative trend. |
22.02
-0.65 (-2.87%)
BIOLIFE SOLUTIONS INC / BLFS 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.
Can you provide the RSI signal for BIOLIFE SOLUTIONS INC?
BIOLIFE SOLUTIONS INC (BLFS) has an RSI value of 35.7636. 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 -0.229253, 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 21.84 and a resistance level at 22.84. Check the full technical report for our detailed analysis of BLFS support and resistance levels.