BASEL MEDICAL GROUP LTD (BMGL) Technical Analysis
NASDAQ:BMGL • VGG0864B1031
Current stock price
BMGL Technical Rating and Analysis
Taking everything into account, BMGL scores 0 out of 10 in our technical rating. BMGL 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 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 part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, of which 85% are performing better than BMGL.
- BMGL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BMGL has a been trading in the 0.52 - 0.79 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
BMGL Weekly and Daily overview Charts
BMGL Setup Rating and Analysis
Although the technical rating is bad, BMGL does present a nice setup opportunity. 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
BMGL Support and Resistance Analysis
0.53
We found 1 important support area.
- Support @0.54 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.61 to 0.61. 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 0.62 to 0.62. 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 0.67 to 0.68. 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 | NEUTRAL | NEUTRAL | The short term trend for BMGL is neutral. |
| ChartMill Relative Strength | 3.09 | NEGATIVE | BMGL has a low relative strength, it was outperformed by 96.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BMGL is below a declining 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) | 41.97 | NEUTRAL | The RSI value for BMGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BMGL has a negative trend. |
| Stochastics (14,3) | 28.64 | NEUTRAL | The Stochastics value for BMGL is a neutral value. |
| Average True Range in percent/ATR (20) | 10.32 | HIGH VOLATILITY | The high ATR as a percentage value for BMGL suggests high volalility. |
| Average Directional Index/ADX (14) | 11.53 | 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 (4/13/2026, 8:11:11 PM)
0.5519
-0.04 (-6.31%)
BASEL MEDICAL GROUP LTD / BMGL TA FAQ
What is the technical rating for BMGL stock?
ChartMill assigns a technical rating of 0 / 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 41.9701. This indicates that the stock is currently neutral.
What are the support and resistance levels for BASEL MEDICAL GROUP LTD (BMGL) stock?
BASEL MEDICAL GROUP LTD (BMGL) has a support level at 0.54 and a resistance level at 0.61. Check the full technical report for our detailed analysis of BMGL support and resistance levels.