Taking everything into account, BSGM scores 5 out of 10 in our technical rating. In the last year, BSGM was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
BSGM 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
4.14
We found 1 important support area.
- Support @4.18 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.11 to 6.11. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for BSGM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BSGM is neutral. |
| ChartMill Relative Strength | 97.09 | POSITIVE | BSGM has a high relative strength, it outperformed 97.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSGM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BSGM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BSGM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.63 | NEUTRAL | The RSI value for BSGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BSGM has a positive trend. |
| Stochastics (14,3) | 49.53 | NEUTRAL | The Stochastics value for BSGM is a neutral value. |
| Average True Range in percent/ATR (20) | 9.96 | HIGH VOLATILITY | The high ATR as a percentage value for BSGM suggests high volalility. |
| Average Directional Index/ADX (14) | 12.48 | NEGATIVE | The low ADX value for BSGM suggests a weak or negative trend. |
6.1
+1.65 (+37.08%)
BIOSIG TECHNOLOGIES INC / BSGM FAQ
What is the ChartMill technical rating of BIOSIG TECHNOLOGIES INC (BSGM) stock?
ChartMill assigns a technical rating of 5 / 10 to BSGM.
What is the current trend direction of BIOSIG TECHNOLOGIES INC (BSGM) stock?
The current trend direction for BIOSIG TECHNOLOGIES INC (BSGM) is Bearish.
What is the RSI signal for BSGM stock?
BIOSIG TECHNOLOGIES INC (BSGM) has an RSI value of 63.6267. This indicates that the stock is currently neutral.
What is the MACD signal for BIOSIG TECHNOLOGIES INC (BSGM) stock?
The MACD indicator for BIOSIG TECHNOLOGIES INC (BSGM) has a value of 0.0761785, indicating a bearish trend.
What is the short term momentum for BIOSIG TECHNOLOGIES INC (BSGM) stock?
The short term momentum for BIOSIG TECHNOLOGIES INC (BSGM) is neutral.