BENITEC BIOPHARMA INC (BNTC) Stock Technical Analysis
NASDAQ:BNTC - Nasdaq - US08205P2092 - Common Stock - Currency: USD
Overall BNTC gets a technical rating of 1 out of 10. BNTC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BNTC is part of the Biotechnology industry. There are 558 other stocks in this industry. BNTC outperforms 70% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, BNTC outperforms 67% of them, which is more or less in line with the market.
BNTC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BNTC is lagging the market.
In the last month BNTC has a been trading in the 10.91 - 17.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BNTC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.70, a Stop Loss order could be placed below this zone.
More info and screens
9.48
16.96
We found 4 important support areas.
- A support zone ranging from 11.55 to 11.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.22 to 11.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.23 from a trend line in the daily time frame.
- Support @9.58 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 13.02 to 13.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.85 from a horizontal line in the daily time frame.
- Resistance @16.79 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for BNTC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BNTC is down. |
| ChartMill Relative Strength | 67.38 | NEUTRAL | BNTC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BNTC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BNTC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BNTC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.21 | NEUTRAL | The RSI value for BNTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BNTC has a negative trend. |
| Stochastics (14,3) | 42.11 | NEUTRAL | The Stochastics value for BNTC is a neutral value. |
| Average True Range in percent/ATR (20) | 9.95 | HIGH VOLATILITY | The high ATR as a percentage value for BNTC suggests high volalility. |
| Average Directional Index/ADX (14) | 20.8 | NEUTRAL | The ADX value for BNTC suggests a possible start of a new 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)
12.44
-0.81 (-6.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.11%
1 Week-1.43%
2 Weeks6.32%
1 Month-24.51%
3 Month-9.53%
6 Month20.78%
12 Month34.92%
2 Year303.9%
3 Year-18.59%
5 Year-89.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.19
ATR(20)%9.95%
ATR Inc-32.23%
Range Today0.75
ADR(20)1.23
ADR(20)%9.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.38
Mansfield-0.13
10 Day High14.2
10 Day Low11.22
20 Day High17.1
20 Day Low10.91
52 Week High17.15
52 Week Low7.05
CS1 End11.7
CR1 Start13.02
Volume & EV
DER(3)-0.44%
DER(5)1.25%
Volume67.80K
Volume Incr-63.27%
Vol(5)85.36K
Vol(50)122.29K