BURNING ROCK BIOTECH LTD-ADR (BNR) Stock Technical Analysis
NASDAQ:BNR - US12233L2060 - ADR
8.45 USD
+0.5 (+6.29%)
8.5 USD
+0.05 (+0.59%)
Overall BNR gets a technical rating of 9 out of 10. Both in the recent history as in the last year, BNR has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
BNR is one of the better performing stocks in the Biotechnology industry, it outperforms 95% of 542 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that BNR is one of the better performing stocks in the market, outperforming 97% 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.
In the last month BNR has a been trading in the 6.00 - 11.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BNR has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
7.75
9.43
We found 1 important support area.
- Support @7.83 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @9.34 from a horizontal 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 | 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 | 97.76 | POSITIVE | BNR has a high relative strength, it outperformed 97.76% 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) | 56.33 | NEUTRAL | The RSI value for BNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests BNR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.06 | NEUTRAL | The Stochastics value for BNR is a neutral value. |
| Average True Range in percent/ATR (20) | 11.68 | HIGH VOLATILITY | The high ATR as a percentage value for BNR suggests high volalility. |
| Average Directional Index/ADX (14) | 35.66 | 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)
8.45
+0.5 (+6.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg6.29%
1 Week-0.82%
2 Weeks-9.14%
1 Month38.52%
3 Month191.38%
6 Month49.29%
12 Month82.11%
2 Year-12.89%
3 Year-64.64%
5 Year-96.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%11.68%
ATR Inc-36.51%
Range Today0.41
ADR(20)0.93
ADR(20)%10.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.76
Mansfield5.46
10 Day High10
10 Day Low7.83
20 Day High11.12
20 Day Low6
52 Week High11.12
52 Week Low2.18
CS1 End7.83
CR1 Start9.34
Volume & EV
DER(3)-0.27%
DER(5)-5.81%
Volume19.40K
Volume Incr-36.16%
Vol(5)28.74K
Vol(50)43.85K