BASEL MEDICAL GROUP LTD (BMGL) Technical Analysis
NASDAQ:BMGL • VGG0864B1031
Current stock price
BMGL Technical Rating and Analysis
Overall BMGL gets a technical rating of 1 out of 10. BMGL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 95% of all other stocks performed better in the past year than BMGL.
- BMGL is one of the lesser performing stocks in the Health Care Providers & Services industry. 83% of 100 stocks in the same industry do better.
- BMGL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BMGL is lagging the market.
- In the last month BMGL has a been trading in the 0.52 - 0.79 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Considerably lower volume is observed in the last couple of days.
BMGL Weekly and Daily overview Charts
BMGL Setup Rating and Analysis
BMGL has a poor technical rating and the quality of the setup is also not perfect 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
BMGL Support and Resistance Analysis
0.52
2 important support areas can be observed.
- Support @0.54 from a trend line in the daily time frame.
- A support zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @0.62 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.64 to 0.64. 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 0.69 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BMGL 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 | DOWN | NEGATIVE | The long term trend for BMGL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BMGL is down. |
| ChartMill Relative Strength | 5.96 | NEGATIVE | BMGL has a low relative strength, it was outperformed by 94.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BMGL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BMGL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BMGL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.09 | NEUTRAL | The RSI value for BMGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BMGL has a positive trend. |
| Stochastics (14,3) | 30.88 | NEUTRAL | The Stochastics value for BMGL is a neutral value. |
| Average True Range in percent/ATR (20) | 9.43 | HIGH VOLATILITY | The high ATR as a percentage value for BMGL suggests high volalility. |
| Average Directional Index/ADX (14) | 12.18 | NEGATIVE | The low ADX value for BMGL suggests a weak or negative trend. |
BMGL Chart- and CandleStick Pattern Analysis
BMGL Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:BMGL (4/7/2026, 4:05:19 PM)
0.595
-0.01 (-1%)
BASEL MEDICAL GROUP LTD / BMGL TA FAQ
What is the technical rating for BMGL stock?
ChartMill assigns a technical rating of 1 / 10 to BMGL.
What is the trend direction for BMGL stock?
The current trend direction for BASEL MEDICAL GROUP LTD (BMGL) is Bearish.
Can you provide the RSI signal for BASEL MEDICAL GROUP LTD?
BASEL MEDICAL GROUP LTD (BMGL) has an RSI value of 48.0906. This indicates that the stock is currently neutral.
What is the buy/sell signal for BASEL MEDICAL GROUP LTD (BMGL) stock?
The buy/sell signal for BASEL MEDICAL GROUP LTD (BMGL) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for BASEL MEDICAL GROUP LTD?
BASEL MEDICAL GROUP LTD (BMGL) has a support level at 0.54 and a resistance level at 0.62. Check the full technical report for our detailed analysis of BMGL support and resistance levels.