BASEL MEDICAL GROUP LTD (BMGL) Technical Analysis
NASDAQ:BMGL • VGG0864B1031
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.
- 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, BMGL is a bad performer in the overall market: 97% of all stocks are doing better.
- BMGL is one of the lesser performing stocks in the Health Care Providers & Services industry. 86% of 101 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 0.53 - 0.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
BMGL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for BMGL 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
0.56
We found 3 important support areas.
- A support zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.58 from a trend line in the daily time frame.
- A support zone ranging from 0.57 to 0.57. 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 | 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 | 3.35 | NEGATIVE | BMGL has a low relative strength, it was outperformed by 96.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BMGL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BMGL is below the rising 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) | 43.23 | 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) | 44.6 | NEUTRAL | The Stochastics value for BMGL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.94 | HIGH VOLATILITY | The high ATR as a percentage value for BMGL suggests high volalility. |
| Average Directional Index/ADX (14) | 10.13 | NEGATIVE | The low ADX value for BMGL suggests a weak or negative trend. |
BMGL Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:BMGL (3/13/2026, 12:42:11 PM)
0.62
+0.02 (+3.33%)
BASEL MEDICAL GROUP LTD / BMGL 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.
What is the RSI signal for BMGL stock?
BASEL MEDICAL GROUP LTD (BMGL) has an RSI value of 43.2286. This indicates that the stock is currently neutral.
What is the MACD signal for BMGL stock?
The MACD indicator for BASEL MEDICAL GROUP LTD (BMGL) has a value of 0.00371845, indicating a bearish trend.
Can you provide the support and resistance levels for BASEL MEDICAL GROUP LTD?
BASEL MEDICAL GROUP LTD (BMGL) has a support level at 0.58 and a resistance level at 0.62. Check the full technical report for our detailed analysis of BMGL support and resistance levels.