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BASEL MEDICAL GROUP LTD (BMGL) Stock Technical Analysis

NASDAQ:BMGL - Nasdaq - VGG0864B1031 - Common Stock - Currency: USD

2.06  +0.04 (+1.98%)

Premarket: 2.11 +0.05 (+2.43%)

Technical Rating and Analysis

2

Taking everything into account, BMGL scores 2 out of 10 in our technical rating. 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.
100% 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. 94% of 103 stocks in the same industry do better.
In the last month BMGL has a been trading in the 1.76 - 4.55 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.
BMGL has an average volume of 8785640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BASEL MEDICAL GROUP LTD / BMGL Weekly stock chart
BASEL MEDICAL GROUP LTD / BMGL Daily stock chart
Setup Rating and Analysis

5

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.

Support and Resistance Analysis

1.99

4.85

When analyzing the support we notice one important area.

  • A support zone ranging from 2.01 to 2.01. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • Resistance @2.48 from a trend line in the daily time frame.
  • Resistance @4.80 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for BMGL is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for BMGL is down.
ChartMill Relative Strength0NEGATIVEBMGL has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of BMGL is below the rising SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of BMGL is below the rising SMA(50).
Relative Strength Index/RSI (14)44.66NEUTRALThe RSI value for BMGL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests BMGL has a negative trend, although the MACD value is rising.
Stochastics (14,3)3.84OVERSOLDThe low Stochastics value suggests BMGL may be oversold.
Average True Range in percent/ATR (20)22.95HIGH VOLATILITYThe high ATR as a percentage value for BMGL suggests high volalility.
Average Directional Index/ADX (14)27.79POSITIVEThe high ADX value value for BMGL suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
BASEL MEDICAL GROUP LTD / BMGL Daily stock chart

BASEL MEDICAL GROUP LTD

NASDAQ:BMGL (8/4/2025, 8:00:01 PM)

Premarket: 2.11 +0.05 (+2.43%)

2.06

+0.04 (+1.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.98%
1 Week-8.04%
2 Weeks-11.97%
1 Month7.29%
3 Month-56.9%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%22.95%
ATR Inc-42.83%
Range Today0.25
ADR(20)0.39
ADR(20)%19.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.36
10 Day Low2
20 Day High4.55
20 Day Low1.76
52 Week HighN/A
52 Week LowN/A
CS1 End2.01
CR1 Start2.48
Volume & EV
DER(3)-1.54%
DER(5)0.15%
Volume238.80K
Volume Incr-97.02%
Vol(5)202.10K
Vol(50)8.79M