BIOXCEL THERAPEUTICS INC (BTAI) Technical Analysis
NASDAQ:BTAI • US09075P2048
Current stock price
BTAI Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to BTAI. BTAI 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.
- 89% of all other stocks performed better in the past year than BTAI.
- BTAI is part of the Biotechnology industry. There are 515 other stocks in this industry, of which 71% are performing better than BTAI.
- BTAI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- BTAI has an average volume of 1810230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month BTAI has a been trading in the 1.01 - 1.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BTAI Weekly and Daily overview Charts
BTAI Setup Rating and Analysis
The technical rating of BTAI is bad and it also does not present a quality setup 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
BTAI Support and Resistance Analysis
1.22
When analyzing the resistance we notice 2 important areas.
- Resistance @1.43 from a trend line in the daily time frame.
- Resistance @1.51 from a trend line in the daily time frame.
BTAI 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 BTAI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTAI is neutral. |
| ChartMill Relative Strength | 11.1 | NEGATIVE | BTAI has a low relative strength, it was outperformed by 88.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTAI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTAI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.67 | NEUTRAL | The RSI value for BTAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BTAI has a positive trend. |
| Stochastics (14,3) | 40.82 | NEUTRAL | The Stochastics value for BTAI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.42 | HIGH VOLATILITY | The high ATR as a percentage value for BTAI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.51 | NEGATIVE | The low ADX value for BTAI suggests a weak or negative trend. |
BTAI Chart- and CandleStick Pattern Analysis
BTAI Technicals: Chart, Performance Metrics, Trend & Indicators
1.23
+0.19 (+18.27%)
BIOXCEL THERAPEUTICS INC / BTAI TA FAQ
Can you provide the ChartMill technical rating for BIOXCEL THERAPEUTICS INC?
ChartMill assigns a technical rating of 1 / 10 to BTAI.
Can you provide the trend direction for BIOXCEL THERAPEUTICS INC?
The current trend direction for BIOXCEL THERAPEUTICS INC (BTAI) is Bearish.
What is the RSI signal for BIOXCEL THERAPEUTICS INC (BTAI) stock?
BIOXCEL THERAPEUTICS INC (BTAI) has an RSI value of 52.6696. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BIOXCEL THERAPEUTICS INC?
The short term momentum for BIOXCEL THERAPEUTICS INC (BTAI) is neutral.
Can you provide the support and resistance levels for BIOXCEL THERAPEUTICS INC?
BIOXCEL THERAPEUTICS INC (BTAI) has a resistance level at 1.43. Check the full technical report for our detailed analysis of BTAI support and resistance levels.