BURNING ROCK BIOTECH LTD-ADR (BNR) Stock Technical Analysis
NASDAQ:BNR - Nasdaq - US12233L2060 - ADR - Currency: USD
We assign a technical rating of 7 out of 10 to BNR. Although BNR has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BNR is part of the Biotechnology industry. There are 558 other stocks in this industry. BNR outperforms 77% of them.
In the last month BNR has a been trading in the 3.06 - 4.96 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BNR is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BNR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BNR is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BNR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.14
6.49
2 important support areas can be observed.
- Support @3.29 from a trend line in the daily time frame.
- A support zone ranging from 3.17 to 3.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 2 important resistance areas.
- Resistance @6.07 from a trend line in the weekly time frame.
- Resistance @6.43 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for BNR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNR is up. |
| ChartMill Relative Strength | 82.26 | POSITIVE | BNR has a high relative strength, it outperformed 82.26% 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) | 75.83 | OVERBOUGHT | The high RSI value suggests BNR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests BNR has a positive trend. |
| Stochastics (14,3) | 86.62 | OVERBOUGHT | The high Stochastics value suggests BNR may be overbought. |
| Average True Range in percent/ATR (20) | 6.42 | HIGH VOLATILITY | The high ATR as a percentage value for BNR suggests high volalility. |
| Average Directional Index/ADX (14) | 25.7 | POSITIVE | The high ADX value value for BNR suggests a strong 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)
NASDAQ:BNR (7/15/2025, 8:00:01 PM)
4.8439
+0.21 (+4.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.62%
1 Week30.92%
2 Weeks53.29%
1 Month26.59%
3 Month73%
6 Month-25.82%
12 Month-25.48%
2 Year-73.09%
3 Year-84.82%
5 Year-98.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%6.42%
ATR Inc144.67%
Range Today0.38
ADR(20)0.29
ADR(20)%5.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.26
Mansfield-0.6
10 Day High4.96
10 Day Low3.14
20 Day High4.96
20 Day Low3.06
52 Week High7.9
52 Week Low2.18
CS1 End3.29
CR1 Start6.07
Volume & EV
DER(3)7.97%
DER(5)4.99%
Volume20.10K
Volume Incr-48.6%
Vol(5)18.70K
Vol(50)45.42K