BASEL MEDICAL GROUP LTD (BMGL) Stock Technical Analysis
NASDAQ:BMGL • VGG0864B1031
Taking everything into account, BMGL scores 0 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 part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, of which 89% 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 0.60 - 0.92 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, BMGL does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.59
We found 3 important support areas.
- A support zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.61 from a trend line in the daily time frame.
- Support @0.60 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.74 from a trend line in the daily time frame.
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 | 0 | NEGATIVE | BMGL has a low relative strength, it was outperformed by 100% 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) | 47.81 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 12.34 | OVERSOLD | The low Stochastics value suggests BMGL may be oversold. |
| Average True Range in percent/ATR (20) | 11.67 | HIGH VOLATILITY | The high ATR as a percentage value for BMGL suggests high volalility. |
| Average Directional Index/ADX (14) | 11.69 | NEGATIVE | The low ADX value for BMGL suggests a weak or negative trend. |
NASDAQ:BMGL (2/18/2026, 1:34:17 PM)
0.6969
+0.02 (+2.52%)
BASEL MEDICAL GROUP LTD / BMGL 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.
What is the RSI signal for BMGL stock?
BASEL MEDICAL GROUP LTD (BMGL) has an RSI value of 47.8129. 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 -0.00300686, 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 0.64 and a resistance level at 0.74. Check the full technical report for our detailed analysis of BMGL support and resistance levels.