We assign a technical rating of 0 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.
BOLD 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 1.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.15, a Stop Loss order could be placed below this zone.
1.07
We found 3 important support areas.
We can see 3 important resistance areas.
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 | DOWN | NEGATIVE | The short term trend for BOLD is down. |
| ChartMill Relative Strength | 12.05 | NEGATIVE | BOLD has a low relative strength, it was outperformed by 87.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BOLD is above a declining 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) | 49.19 | NEUTRAL | The RSI value for BOLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BOLD has a positive trend. |
| Stochastics (14,3) | 80.22 | OVERBOUGHT | The high Stochastics value suggests BOLD may be overbought. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for BOLD suggests high volalility. |
| Average Directional Index/ADX (14) | 23.71 | NEUTRAL | The ADX value for BOLD suggests a possible start of a new trend. |
1.17
+0.02 (+1.74%)
ChartMill assigns a technical rating of 0 / 10 to BOLD.
The current trend direction for BOUNDLESS BIO INC (BOLD) is Bearish.
BOUNDLESS BIO INC (BOLD) has an RSI value of 49.1938. This indicates that the stock is currently neutral.
The MACD indicator for BOUNDLESS BIO INC (BOLD) has a value of 0.012019, indicating a bearish trend.
BOUNDLESS BIO INC (BOLD) has a support level at 1.15 and a resistance level at 1.17. Check the full technical report for our detailed analysis of BOLD support and resistance levels.