BASEL MEDICAL GROUP LTD (BMGL) Stock Technical Analysis
NASDAQ:BMGL - Nasdaq - VGG0864B1031 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to BMGL. BMGL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
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 93% are performing better than BMGL.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
BMGL has an average volume of 6817850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BMGL has a been trading in the 0.91 - 9.40 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 poor technical rating and the quality of the setup is also only medium 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
3.43
3.49
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 | UP | POSITIVE | The long term trend for BMGL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BMGL is neutral. |
| 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) | UP | POSITIVE | The current price of BMGL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BMGL is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 48.67 | NEUTRAL | The RSI value for BMGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests BMGL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.73 | NEUTRAL | The Stochastics value for BMGL is a neutral value. |
| Average True Range in percent/ATR (20) | 37.47 | HIGH VOLATILITY | The high ATR as a percentage value for BMGL suggests high volalility. |
| Average Directional Index/ADX (14) | 46.81 | POSITIVE | The high ADX value value for BMGL suggests a strong trend. |
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)
3.46
-1.24 (-26.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-26.38%
1 Week-11.96%
2 Weeks-43.09%
1 Month31.56%
3 Month-15.39%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.61
ATR(20)%37.47%
ATR Inc-6.36%
Range Today1.92
ADR(20)1.27
ADR(20)%36.58%
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 High9.4
10 Day Low2.93
20 Day High9.4
20 Day Low0.91
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-1.03%
DER(5)-2.47%
Volume2.57M
Volume Incr-90.21%
Vol(5)1.62M
Vol(50)6.82M