BIONOMICS LTD-ADR (BNOX) Stock Technical Analysis
NASDAQ:BNOX - Nasdaq - US09063M2052 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to BNOX. BNOX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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. 88% of 558 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 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
0.25
0.33
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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.2531
+0.01 (+4.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.2%
1 Week-11.22%
2 Weeks-15.69%
1 Month-14.09%
3 Month-60.44%
6 Month-67%
12 Month-82.9%
2 Year-94.56%
3 Year-97.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%13.41%
ATR Inc20.88%
Range Today0.05
ADR(20)0.03
ADR(20)%13.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.98
Mansfield-6.94
10 Day High0.34
10 Day Low0.23
20 Day High0.36
20 Day Low0.23
52 Week High1.5
52 Week Low0.18
CS1 EndN/A
CR1 Start0.29
Volume & EV
DER(3)-13.8%
DER(5)-15.95%
Volume7.43M
Volume Incr169.59%
Vol(5)1.86M
Vol(50)12.31M