BERKELEY LIGHTS INC (BLI)

US0843101017 - Common Stock

1.2  -0.07 (-5.88%)

After market: 1.21 +0.01 (+0.83%)

Technical Rating and Analysis

0

Taking everything into account, BLI scores 0 out of 10 in our technical rating. BLI 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, BLI is a bad performer in the overall market: 99% of all stocks are doing better.
BLI is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 94% of 59 stocks in the same industry do better.
BLI is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BLI is lagging the market.
In the last month BLI has a been trading in the 1.14 - 1.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
BLI Weekly chart
BLI Daily chart
Setup Rating and Analysis

3

The technical rating of BLI 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.

Support and Resistance Analysis

1.19

1.75

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 1.47 to 1.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @1.73 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.64
Mansfield-6.64
10 Day High1.53
10 Day Low1.14
20 Day High1.9
20 Day Low1.14
52 Week High7.79
52 Week Low1.14
Performance
1 Week-9.09%
2 Weeks-22.08%
1 Month-27.71%
3 Month-59.87%
6 Month-60%
12 Month-82.27%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)32.67
LBB1.01
UBB1.8
BLI Daily chart

BERKELEY LIGHTS INC

NASDAQ:BLI (3/21/2023, 8:00:01 PM)

After market: 1.21 +0.01 (+0.83%)

1.2

-0.07 (-5.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-5.88%
1 Week-9.09%
2 Weeks-22.08%
1 Month-27.71%
3 Month-59.87%
6 Month-60%
12 Month-82.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%11.43%
ATR Inc
Range Today0.16
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.53
10 Day Low1.14
20 Day High1.9
20 Day Low1.14
52 Week High7.79
52 Week Low1.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.29M
Volume Incr5.48%
Vol(5)922.68K
Vol(50)866.89K