BENITEC BIOPHARMA INC (BNTC) Stock Technical Analysis
USA - NASDAQ:BNTC - US08205P2092 - Common Stock
15.7 USD
-0.2 (-1.26%)
15.7 USD
0 (0%)
Taking everything into account, BNTC scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, BNTC 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!
BNTC is part of the Biotechnology industry. There are 536 other stocks in this industry. BNTC outperforms 75% of them.
BNTC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BNTC is lagging the market slightly.
In the last month BNTC has a been trading in the 13.11 - 16.28 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, BNTC did better than 89% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BNTC has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
11.11
16.96
When analyzing the support we can see 7 important areas.
- A support zone ranging from 14.18 to 14.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.44 to 13.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.14 from a horizontal line in the daily time frame.
- Support @12.11 from a trend line in the weekly time frame.
- Support @11.73 from a trend line in the weekly time frame.
- Support @11.51 from a trend line in the daily time frame.
- Support @11.22 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @16.48 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 16.79 to 16.79. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for BNTC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNTC is up. |
| ChartMill Relative Strength | 89.73 | POSITIVE | BNTC has a high relative strength, it outperformed 89.73% off all stocks 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) | UP | POSITIVE | The current price of BNTC is above the rising 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) | 70.8 | OVERBOUGHT | The high RSI value suggests BNTC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests BNTC has a positive trend. |
| Stochastics (14,3) | 85.5 | OVERBOUGHT | The high Stochastics value suggests BNTC may be overbought. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for BNTC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.68 | NEGATIVE | The low ADX value for BNTC suggests a weak or negative 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)
15.7
-0.2 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.26%
1 Week10.56%
2 Weeks14.43%
1 Month12.22%
3 Month42.21%
6 Month14.18%
12 Month36.76%
2 Year334.9%
3 Year426.83%
5 Year-65.67%
10 Year-98.97%
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%4.21%
ATR Inc93.44%
Range Today0.62
ADR(20)0.66
ADR(20)%4.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.73
Mansfield1.23
10 Day High16.28
10 Day Low13.54
20 Day High16.28
20 Day Low13.11
52 Week High17.15
52 Week Low9.1
CS1 End14.27
CR1 Start16.48
Volume & EV
DER(3)1.64%
DER(5)-1.3%
Volume40.58K
Volume Incr-17.28%
Vol(5)52.66K
Vol(50)50.13K