Taking everything into account, BOLD scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. BOLD was also a bad performer in the overall market in the last year.
The technical rating of BOLD is bad and it also does not present a 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.
1.07
We found 3 important support areas.
When analyzing the resistance we notice 4 important 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 | UP | POSITIVE | The short term trend for BOLD is up. |
| ChartMill Relative Strength | 14.15 | NEGATIVE | BOLD has a low relative strength, it was outperformed by 85.85% 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) | 55.16 | 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) | 59.38 | NEUTRAL | The Stochastics value for BOLD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.82 | HIGH VOLATILITY | The high ATR as a percentage value for BOLD suggests high volalility. |
| Average Directional Index/ADX (14) | 24.02 | NEUTRAL | The ADX value for BOLD suggests a possible start of a new trend. |
1.23
+0.01 (+0.82%)
ChartMill assigns a technical rating of 3 / 10 to BOLD.
The current trend direction for BOUNDLESS BIO INC (BOLD) is Bearish.
BOUNDLESS BIO INC (BOLD) has an RSI value of 55.1607. This indicates that the stock is currently neutral.
The MACD indicator for BOUNDLESS BIO INC (BOLD) has a value of 0.018201, indicating a bearish trend.
BOUNDLESS BIO INC (BOLD) has a support level at 1.16 and a resistance level at 1.24. Check the full technical report for our detailed analysis of BOLD support and resistance levels.