BOUNDLESS BIO INC (BOLD) Stock Technical Analysis
NASDAQ:BOLD - Nasdaq - US10170A1007 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to BOLD. BOLD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, BOLD is a bad performer in the overall market: 97% of all stocks are doing better.
BOLD is part of the Biotechnology industry. There are 556 other stocks in this industry, of which 79% are performing better than BOLD.
BOLD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BOLD has a been trading in the 1.00 - 1.22 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
BOLD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.22. Right above this resistance zone may be a good entry point.
More info and screens
1.00
1.23
When analyzing the support we notice one important area.
- A support zone ranging from 1.01 to 1.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for BOLD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BOLD is neutral. |
| ChartMill Relative Strength | 3.37 | NEGATIVE | BOLD has a low relative strength, it was outperformed by 96.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BOLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BOLD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BOLD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.23 | NEUTRAL | The RSI value for BOLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BOLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.4 | OVERBOUGHT | The high Stochastics value suggests BOLD may be overbought. |
| Average True Range in percent/ATR (20) | 5.44 | HIGH VOLATILITY | The high ATR as a percentage value for BOLD suggests high volalility. |
| Average Directional Index/ADX (14) | 17.41 | NEGATIVE | The low ADX value for BOLD 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)
1.15
-0.06 (-4.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.96%
1 Week0%
2 Weeks5.5%
1 Month10.58%
3 Month-21.77%
6 Month-52.28%
12 Month-69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%5.44%
ATR Inc-7.45%
Range Today0.07
ADR(20)0.06
ADR(20)%5.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.37
Mansfield-5.33
10 Day High1.22
10 Day Low1.09
20 Day High1.22
20 Day Low1
52 Week High4.72
52 Week Low1
CS1 End1.01
CR1 Start1.22
Volume & EV
DER(3)-6.54%
DER(5)-11.89%
Volume31.58K
Volume Incr-71.04%
Vol(5)81.02K
Vol(50)198.00K