BIONOMICS LTD-ADR (BNOX) Technical Analysis
NASDAQ:BNOX • US09063M2052
Current stock price
BNOX Technical Rating and Analysis
Overall BNOX gets a technical rating of 0 out of 10. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 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. 90% of 519 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. The S&P500 Index is trading in the upper part of its 52 week range, so BNOX is lagging the market.
- 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
BNOX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
BNOX Support and Resistance Analysis
0.25
When analyzing the resistance we notice 2 important areas.
- 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.
What is the RSI signal for BIONOMICS LTD-ADR (BNOX) stock?
BIONOMICS LTD-ADR (BNOX) has an RSI value of 42.5181. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for BIONOMICS LTD-ADR?
The buy/sell signal for BIONOMICS LTD-ADR (BNOX) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for BIONOMICS LTD-ADR (BNOX) stock?
BIONOMICS LTD-ADR (BNOX) has a resistance level at 0.29. Check the full technical report for our detailed analysis of BNOX support and resistance levels.