BIOSIG TECHNOLOGIES INC (BSGM)

US09073N3008 - Common Stock

1.32  -0.16 (-10.81%)

After market: 1.27 -0.05 (-3.79%)

Technical Rating and Analysis

4

Taking everything into account, BSGM scores 4 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. BSGM was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, BSGM is a bad performer in the overall market: 98% of all stocks are doing better.
BSGM is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 93% of 195 stocks in the same industry do better.
BSGM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BSGM is lagging the market.
BSGM has an average volume of 1459380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month BSGM has a been trading in the 0.47 - 2.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BSGM Weekly chart
BSGM Daily chart
Setup Rating and Analysis

5

Although the technical rating is only medium, BSGM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

Support and Resistance Analysis

1.31

1.63

We can see 2 important resistance areas.

  • Resistance @1.41 from a horizontal line in the weekly time frame.
  • Resistance @1.61 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.18
Mansfield-7.95
10 Day High2.44
10 Day Low1.04
20 Day High2.98
20 Day Low0.47
52 Week High16.5
52 Week Low0.26
Performance
1 Week-19.02%
2 Weeks-34.33%
1 Month180.85%
3 Month-39.45%
6 Month-71.94%
12 Month-89.27%
2 Year-83.7%
3 Year-96.14%
5 Year-97.99%
10 YearN/A
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)0.01
RSI(14)53.44
LBB0.83
UBB2.01
BSGM Daily chart

BIOSIG TECHNOLOGIES INC

NASDAQ:BSGM (4/24/2024, 7:00:01 PM)

After market: 1.27 -0.05 (-3.79%)

1.32

-0.16 (-10.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-10.81%
1 Week-19.02%
2 Weeks-34.33%
1 Month180.85%
3 Month-39.45%
6 Month-71.94%
12 Month-89.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.62
ATR(20)%36.47%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.44
10 Day Low1.04
20 Day High2.98
20 Day Low0.47
52 Week High16.5
52 Week Low0.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume154.90K
Volume Incr-92.01%
Vol(5)214.54K
Vol(50)1.46M