Biospecifics Tech Cp (BSTC) Stock Technical Analysis
NASDAQ:BSTC - Nasdaq -
We assign a technical rating of 10 out of 10 to BSTC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BSTC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BSTC is one of the better performing stocks in the market, outperforming 90% of all stocks.
BSTC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BSTC is leading the market.
In the last month BSTC has a been trading in a tight range between 88.16 and 88.57.
BSTC has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
51.03
89.74
When analyzing the support we can see 3 important areas.
- A support zone ranging from 88.10 to 88.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.68 to 54.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.55 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 88.54 to 88.85. 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 BSTC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSTC is up. |
| ChartMill Relative Strength | 90.02 | POSITIVE | BSTC has a high relative strength, it outperformed 90.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSTC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSTC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BSTC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 83 | OVERBOUGHT | The high RSI value suggests BSTC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.91 | NEGATIVE | The MACD value suggests BSTC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 82.5 | OVERBOUGHT | The high Stochastics value suggests BSTC may be overbought. |
| Average True Range in percent/ATR (20) | 0.13 | LOW VOLATILITY | The low ATR as a percentage value for BSTC suggests low volalility. |
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)
88.53
+0.13 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.15%
1 Week0.1%
2 Weeks0.24%
1 Month0.4%
3 Month51.05%
6 Month47.4%
12 Month59.92%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.13%
ATR Inc23.53%
Range Today0.13
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.02
Mansfield2.28
10 Day High88.57
10 Day Low88.3
20 Day High88.57
20 Day Low88.16
52 Week High89.15
52 Week Low42
CS1 End88.44
CR1 Start88.54
Volume & EV
DER(3)0.7%
DER(5)-1.7%
Volume88.90K
Volume Incr-33.09%
Vol(5)89.16K
Vol(50)134.38K