USA - NASDAQ:BNR - US12233L2060 - ADR
We assign a technical rating of 10 out of 10 to BNR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BNR is showing a nice and steady performance.
BNR has an excellent technical rating, but the quality of the setup is only medium 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.
7.76
We found 5 important support areas.
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 | UP | POSITIVE | The long term trend for BNR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNR is up. |
| ChartMill Relative Strength | 98.22 | POSITIVE | BNR has a high relative strength, it outperformed 98.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BNR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.65 | NEUTRAL | The RSI value for BNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BNR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.07 | NEUTRAL | The Stochastics value for BNR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.13 | HIGH VOLATILITY | The high ATR as a percentage value for BNR suggests high volalility. |
| Average Directional Index/ADX (14) | 44.76 | POSITIVE | The high ADX value value for BNR suggests a strong trend. |
11.79
-0.46 (-3.76%)
ChartMill assigns a technical rating of 10 / 10 to BNR.
The current trend direction for BURNING ROCK BIOTECH LTD-ADR (BNR) is Bullish.
BURNING ROCK BIOTECH LTD-ADR (BNR) has an RSI value of 56.6527. This indicates that the stock is currently neutral.
The MACD indicator for BURNING ROCK BIOTECH LTD-ADR (BNR) has a value of 0.0129658, indicating a bearish trend.
BURNING ROCK BIOTECH LTD-ADR (BNR) has a support level at 11.3. Check the full technical report for our detailed analysis of BNR support and resistance levels.