We assign a technical rating of 0 out of 10 to BNAI. BNAI'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.
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.
More info and screens
2.11
We found 1 important resistance area.
- Resistance @2.54 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 BNAI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BNAI is neutral. |
| ChartMill Relative Strength | 2.24 | NEGATIVE | BNAI has a low relative strength, it was outperformed by 97.76% 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) | 45.11 | NEUTRAL | The RSI value for BNAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BNAI has a positive trend. |
| Stochastics (14,3) | 37.87 | NEUTRAL | The Stochastics value for BNAI is a neutral value. |
| Average True Range in percent/ATR (20) | 21.81 | HIGH VOLATILITY | The high ATR as a percentage value for BNAI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.36 | NEUTRAL | The ADX value for BNAI suggests a possible start of a new trend. |
2.13
-0.37 (-14.97%)
BRAND ENGAGEMENT NETWORK INC / BNAI FAQ
What is the ChartMill technical rating of BRAND ENGAGEMENT NETWORK INC (BNAI) stock?
ChartMill assigns a technical rating of 0 / 10 to BNAI.
What is the trend direction for BNAI stock?
The current trend direction for BRAND ENGAGEMENT NETWORK INC (BNAI) is Bearish.
Can you provide the RSI signal for BRAND ENGAGEMENT NETWORK INC?
BRAND ENGAGEMENT NETWORK INC (BNAI) has an RSI value of 45.1121. This indicates that the stock is currently neutral.
What is the MACD signal for BRAND ENGAGEMENT NETWORK INC (BNAI) stock?
The MACD indicator for BRAND ENGAGEMENT NETWORK INC (BNAI) has a value of 0.0523271, indicating a bearish trend.