BIOSIG TECHNOLOGIES INC (BSGM) Stock Technical Analysis
NASDAQ:BSGM - Nasdaq - US09073N3008 - Common Stock - Currency: USD
Overall BSGM gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BSGM is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
BSGM is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 98% of 189 stocks in the same industry.
BSGM is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BSGM is leading the market.
In the last month BSGM has a been trading in the 0.62 - 3.45 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 BSGM is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BSGM has an excellent technical rating, it 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
3.26
4.12
We found 1 important support area.
- A support zone ranging from 3.29 to 3.31. 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 | UP | POSITIVE | The long term trend for BSGM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSGM is up. |
| ChartMill Relative Strength | 98.8 | POSITIVE | BSGM has a high relative strength, it outperformed 98.8% 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) | UP | POSITIVE | The current price of BSGM is above the rising 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) | 88.4 | OVERBOUGHT | The high RSI value suggests BSGM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests BSGM has a positive trend. |
| Stochastics (14,3) | 92.04 | OVERBOUGHT | The high Stochastics value suggests BSGM may be overbought. |
| Average True Range in percent/ATR (20) | 10.66 | HIGH VOLATILITY | The high ATR as a percentage value for BSGM suggests high volalility. |
| Average Directional Index/ADX (14) | 59.92 | POSITIVE | The high ADX value value for BSGM suggests a strong 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)
NASDAQ:BSGM (5/22/2025, 12:16:08 PM)
4.075
+0.78 (+23.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg23.48%
1 Week21.32%
2 Weeks124.49%
1 Month415.63%
3 Month256.76%
6 Month65%
12 Month8.91%
2 Year-72.73%
3 Year-78%
5 Year-90.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%10.66%
ATR Inc14.85%
Range Today0.98
ADR(20)0.35
ADR(20)%8.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.8
Mansfield14.75
10 Day High3.45
10 Day Low1.46
20 Day High3.45
20 Day Low0.62
52 Week High3.45
52 Week Low0.26
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-0.43%
DER(5)-1.29%
Volume752.63K
Volume Incr-26.37%
Vol(5)520.10K
Vol(50)438.89K