Taking everything into account, BNTC scores 4 out of 10 in our technical rating. In the past year, BNTC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, BNTC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.46, a Stop Loss order could be placed below this zone.
More info and screens
10.93
We found 3 important support areas.
- A support zone ranging from 13.14 to 13.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.49 to 11.51. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @11.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 13.59 to 13.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.94 from a horizontal line in the daily time frame.
- Resistance @16.14 from a horizontal line in the daily time frame.
- A resistance zone ranging from 16.48 to 16.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for BNTC is up. |
| ChartMill Relative Strength | 60.03 | NEUTRAL | BNTC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNTC is above the rising 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) | DOWN | NEGATIVE | The current price of BNTC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.58 | NEUTRAL | The RSI value for BNTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests BNTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.02 | OVERBOUGHT | The high Stochastics value suggests BNTC may be overbought. |
| Average True Range in percent/ATR (20) | 7.04 | HIGH VOLATILITY | The high ATR as a percentage value for BNTC suggests high volalility. |
| Average Directional Index/ADX (14) | 26.61 | POSITIVE | The high ADX value value for BNTC suggests a strong trend. |
13.47
-0.46 (-3.3%)
BENITEC BIOPHARMA INC / BNTC FAQ
What is the technical rating for BNTC stock?
ChartMill assigns a technical rating of 4 / 10 to BNTC.
What is the current trend direction of BENITEC BIOPHARMA INC (BNTC) stock?
The current trend direction for BENITEC BIOPHARMA INC (BNTC) is Bearish.
What is the RSI signal for BENITEC BIOPHARMA INC (BNTC) stock?
BENITEC BIOPHARMA INC (BNTC) has an RSI value of 54.581. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BENITEC BIOPHARMA INC?
The MACD indicator for BENITEC BIOPHARMA INC (BNTC) has a value of 0.241618, indicating a bearish trend.