BIONANO GENOMICS INC (BNGO) Stock Technical Analysis
NASDAQ:BNGO • US09075F4046
Taking everything into account, BNGO scores 0 out of 10 in our technical rating. BNGO'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 96% of all other stocks performed better in the past year than BNGO.
- BNGO is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 87% of 57 stocks in the same industry do better.
- BNGO 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.
- BNGO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Considerably lower volume is observed in the last couple of days.
BNGO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.16. Right above this resistance zone may be a good entry point.
More info and screens
1.14
We can see 2 important resistance areas.
- A resistance zone ranging from 1.16 to 1.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.51 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 BNGO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BNGO is down. |
| ChartMill Relative Strength | 4.35 | NEGATIVE | BNGO has a low relative strength, it was outperformed by 95.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BNGO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BNGO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BNGO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.92 | NEUTRAL | The RSI value for BNGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BNGO has a positive trend. |
| Stochastics (14,3) | 50.98 | NEUTRAL | The Stochastics value for BNGO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.25 | HIGH VOLATILITY | The high ATR as a percentage value for BNGO suggests high volalility. |
| Average Directional Index/ADX (14) | 36.77 | POSITIVE | The high ADX value value for BNGO suggests a strong trend. |
NASDAQ:BNGO (3/2/2026, 11:31:49 AM)
1.15
0 (0%)
BIONANO GENOMICS INC / BNGO FAQ
Can you provide the ChartMill technical rating for BIONANO GENOMICS INC?
ChartMill assigns a technical rating of 0 / 10 to BNGO.
Can you provide the trend direction for BIONANO GENOMICS INC?
The current trend direction for BIONANO GENOMICS INC (BNGO) is Bearish.
Can you provide the RSI signal for BIONANO GENOMICS INC?
BIONANO GENOMICS INC (BNGO) has an RSI value of 36.9202. This indicates that the stock is currently neutral.
What is the short term momentum for BIONANO GENOMICS INC (BNGO) stock?
The short term momentum for BIONANO GENOMICS INC (BNGO) is negative.
What are the support and resistance levels for BIONANO GENOMICS INC (BNGO) stock?
BIONANO GENOMICS INC (BNGO) has a resistance level at 1.16. Check the full technical report for our detailed analysis of BNGO support and resistance levels.