BIORESTORATIVE THERAPIES INC (BRTX) Stock Technical Analysis
NASDAQ:BRTX - US0906556065 - Common Stock
1.84 USD
+0.01 (+0.6%)
1.88 USD
+0.04 (+2.17%)
Overall BRTX gets a technical rating of 6 out of 10. BRTX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BRTX has a been trading in the 1.38 - 1.89 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, BRTX outperforms 61% of them, which is more or less in line with the market.
BRTX is part of the Biotechnology industry. There are 542 other stocks in this industry, BRTX did better than 63% of them.
BRTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRTX is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BRTX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.40
2.16
3 important support areas can be observed.
- A support zone ranging from 1.56 to 1.58. 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 1.53 to 1.53. 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 1.41 to 1.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @1.85 from a horizontal line in the weekly time frame.
- Resistance @1.97 from a horizontal line in the daily time frame.
- Resistance @2.14 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for BRTX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRTX is up. |
| ChartMill Relative Strength | 61.56 | NEUTRAL | BRTX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.78 | OVERBOUGHT | The high RSI value suggests BRTX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BRTX has a positive trend. |
| Stochastics (14,3) | 88.26 | OVERBOUGHT | The high Stochastics value suggests BRTX may be overbought. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for BRTX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.9 | NEGATIVE | The low ADX value for BRTX 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)
1.84
+0.01 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.6%
1 Week20.26%
2 Weeks21.05%
1 Month30.5%
3 Month4.84%
6 Month21.05%
12 Month12.2%
2 Year-16.36%
3 Year-43.82%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%4%
ATR Inc321.96%
Range Today0.14
ADR(20)0.07
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.56
Mansfield-0.1
10 Day High1.89
10 Day Low1.47
20 Day High1.89
20 Day Low1.38
52 Week High2.55
52 Week Low1.21
CS1 End1.58
CR1 Start1.85
Volume & EV
DER(3)9.74%
DER(5)2.83%
Volume182.00K
Volume Incr486.68%
Vol(5)273.42K
Vol(50)87.81K