BLUEPRINT MEDICINES CORP (BPMC) Stock Technical Analysis
NASDAQ:BPMC - Nasdaq - US09627Y1091 - Common Stock - Currency: USD
Taking everything into account, BPMC scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BPMC is only an average performer.
The long and short term trends are both positive. This is looking good!
BPMC is one of the better performing stocks in the Biotechnology industry, it outperforms 83% of 561 stocks in the same industry.
In the last month BPMC has a been trading in the 84.25 - 104.86 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BPMC is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
BPMC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BPMC is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, BPMC also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 102.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 97.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BPMC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
81.65
118.96
2 important support areas can be observed.
- A support zone ranging from 96.62 to 97.25. 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 82.47 to 83.54. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 102.44 to 102.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 114.91 to 115.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @117.78 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.03
Mansfield0.31
10 Day High103.15
10 Day Low96.15
20 Day High104.86
20 Day Low84.25
52 Week High121.9
52 Week Low73.04
Performance
1 Week4.1%
2 Weeks1.71%
1 Month18.3%
3 Month10.04%
6 Month7.82%
12 Month-1.26%
2 Year79.6%
3 Year84.56%
5 Year55.83%
10 Year253.82%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.22
RSI(14)61.33
LBB96.41
UBB104.38
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 102.58 | 96.61 | 5.97 (5.82%) | 17.18% |
| An entry @102.58. This is a Buy Stop order right above the resistance zone. | An exit @96.61. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.97 points, which is 5.82%. | For a 1.00% total portfolio risk, you can invest 17.18% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
101.51
-1.49 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.45%
1 Week4.1%
2 Weeks1.71%
1 Month18.3%
3 Month10.04%
6 Month7.82%
12 Month-1.26%
2 Year79.6%
3 Year84.56%
5 Year55.83%
10 Year253.82%
15 YearN/A
Volatility
ATR(14)3.87
ATR(20)%3.86%
ATR Inc18.01%
Range Today2.65
ADR(20)3.88
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.03
Mansfield0.31
10 Day High103.15
10 Day Low96.15
20 Day High104.86
20 Day Low84.25
52 Week High121.9
52 Week Low73.04
CS1 End97.25
CR1 Start102.44
Volume & EV
DER(3)3.61%
DER(5)1.89%
Volume491.70K
Volume Incr-46.94%
Vol(5)473.90K
Vol(50)998.51K