Biostage Inc. (BSTG) Technical Analysis
NASDAQ:BSTG
Current stock price
0.23
-0.07 (-23.33%)
At close:
0.25
+0.02 (+8.7%)
After Hours:
BSTG Technical Rating and Analysis
Overall BSTG gets a technical rating of 0 out of 10. BSTG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 97% of all other stocks performed better in the past year than BSTG.
- BSTG is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BSTG is lagging the market.
- In the last month BSTG has a been trading in the 0.20 - 0.36 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- BSTG has an average volume of 1454380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BSTG Weekly and Daily overview Charts
BSTG Setup Rating and Analysis
The technical rating of BSTG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BSTG Support and Resistance Analysis
0.23
0.30
We found 1 important resistance area.
- Resistance @0.30 from a trend line in the daily time frame.
BSTG Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BSTG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BSTG is neutral. |
| ChartMill Relative Strength | 3.77 | NEGATIVE | BSTG has a low relative strength, it was outperformed by 96.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BSTG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BSTG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BSTG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.79 | OVERSOLD | The low RSI value suggests BSTG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BSTG has a negative trend. |
| Stochastics (14,3) | 11.81 | OVERSOLD | The low Stochastics value suggests BSTG may be oversold. |
| Average True Range in percent/ATR (20) | 11.24 | HIGH VOLATILITY | The high ATR as a percentage value for BSTG suggests high volalility. |
BSTG Chart- and CandleStick Pattern Analysis
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)
BSTG Technicals: Chart, Performance Metrics, Trend & Indicators
0.23
-0.07 (-23.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-23.33%
1 Week-25.81%
2 Weeks-30.3%
1 Month-25.32%
3 Month-46.51%
6 Month-28.12%
12 Month-75.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%11.24%
ATR Inc262.07%
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
CRS3.77
3 months CRSN/A
6 months CRSN/A
Mansfield-5.99
10 Day High0.36
10 Day Low0.2
20 Day High0.36
20 Day Low0.2
52 Week High1.42
52 Week Low0.2
CS1 EndN/A
CR1 Start0.3
Volume & EV
DER(3)-2.13%
DER(5)1.55%
Volume10.41M
Volume Incr248.58%
Vol(5)2.45M
Vol(50)1.45M
Biostage Inc. / BSTG TA FAQ
What is the technical rating for BSTG stock?
ChartMill assigns a technical rating of 0 / 10 to BSTG.
What is the trend direction for BSTG stock?
The current trend direction for Biostage Inc. (BSTG) is Bearish.
Can you provide the RSI signal for Biostage Inc.?
Biostage Inc. (BSTG) has an RSI value of 26.7878. This indicates that the stock is currently oversold.
What is the MACD signal for Biostage Inc. (BSTG) stock?
The MACD indicator for Biostage Inc. (BSTG) has a value of -0.00465232, indicating a bearish trend.