BIONOMICS LTD-ADR (BNOX) Technical Analysis
NASDAQ:BNOX • US09063M2052
Current stock price
BNOX Technical Rating and Analysis
Taking everything into account, BNOX scores 0 out of 10 in our technical rating. BNOX'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.
- When comparing the yearly performance of all stocks, BNOX is a bad performer in the overall market: 100% of all stocks are doing better.
- BNOX is one of the lesser performing stocks in the Biotechnology industry. 91% of 516 stocks in the same industry do better.
- BNOX 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 BNOX has a been trading in the 0.23 - 0.36 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- BNOX has an average volume of 12315000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
BNOX Weekly and Daily overview Charts
BNOX Setup Rating and Analysis
Although the technical rating is bad, BNOX does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
BNOX Support and Resistance Analysis
0.25
2 important resistance areas can be observed.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.33 from a trend line in the daily time frame.
BNOX Technical Indicator Signal Analysis
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 BNOX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BNOX is down. |
| ChartMill Relative Strength | 0.98 | NEGATIVE | BNOX has a low relative strength, it was outperformed by 99.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BNOX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BNOX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BNOX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.52 | NEUTRAL | The RSI value for BNOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BNOX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.78 | OVERSOLD | The low Stochastics value suggests BNOX may be oversold. |
| Average True Range in percent/ATR (20) | 13.41 | HIGH VOLATILITY | The high ATR as a percentage value for BNOX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.98 | NEGATIVE | The low ADX value for BNOX suggests a weak or negative trend. |
BNOX Chart- and CandleStick Pattern Analysis
BNOX Technicals: Chart, Performance Metrics, Trend & Indicators
0.2531
+0.01 (+4.2%)
BIONOMICS LTD-ADR / BNOX TA FAQ
Can you provide the ChartMill technical rating for BIONOMICS LTD-ADR?
ChartMill assigns a technical rating of 0 / 10 to BNOX.
What is the current trend direction of BIONOMICS LTD-ADR (BNOX) stock?
The current trend direction for BIONOMICS LTD-ADR (BNOX) is Bearish.
Can you provide the RSI signal for BIONOMICS LTD-ADR?
BIONOMICS LTD-ADR (BNOX) has an RSI value of 42.5181. This indicates that the stock is currently neutral.
What is the short term momentum for BIONOMICS LTD-ADR (BNOX) stock?
The short term momentum for BIONOMICS LTD-ADR (BNOX) is negative.
What is the buy/sell signal for BIONOMICS LTD-ADR (BNOX) stock?
The buy/sell signal for BIONOMICS LTD-ADR (BNOX) is sell as both the short term and long term trends are negative.