We assign a technical rating of 0 out of 10 to BNAI. BNAI 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 technical rating of BNAI is bad and it also does not present a quality setup 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.
0.28
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for BNAI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BNAI is down. |
| ChartMill Relative Strength | 8.02 | NEGATIVE | BNAI has a low relative strength, it was outperformed by 91.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BNAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BNAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BNAI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.97 | NEUTRAL | The RSI value for BNAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BNAI has a negative trend. |
| Stochastics (14,3) | 7.04 | OVERSOLD | The low Stochastics value suggests BNAI may be oversold. |
| Average True Range in percent/ATR (20) | 24.99 | HIGH VOLATILITY | The high ATR as a percentage value for BNAI suggests high volalility. |
| Average Directional Index/ADX (14) | 35.22 | POSITIVE | The high ADX value value for BNAI suggests a strong trend. |
0.2823
-0.05 (-14.69%)
ChartMill assigns a technical rating of 0 / 10 to BNAI.
The current trend direction for BRAND ENGAGEMENT NETWORK INC (BNAI) is Bearish.
BRAND ENGAGEMENT NETWORK INC (BNAI) has an RSI value of 35.9653. This indicates that the stock is currently neutral.
The MACD indicator for BRAND ENGAGEMENT NETWORK INC (BNAI) has a value of -0.00874132, indicating a bearish trend.