BIOXCEL THERAPEUTICS INC (BTAI) Technical Analysis
NASDAQ:BTAI • US09075P2048
Current stock price
BTAI Technical Rating and Analysis
Taking everything into account, BTAI scores 1 out of 10 in our technical rating. BTAI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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.
- When comparing the yearly performance of all stocks, BTAI is a bad performer in the overall market: 90% of all stocks are doing better.
- BTAI is one of the lesser performing stocks in the Biotechnology industry. 73% of 515 stocks in the same industry do better.
- 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.
- In the last month BTAI has a been trading in the 1.01 - 1.29 range, which is quite wide. It is currently trading near the high of this range.
- BTAI has an average volume of 1829820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BTAI Weekly and Daily overview Charts
BTAI Setup Rating and Analysis
Although the technical rating is bad, BTAI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
BTAI Support and Resistance Analysis
1.03
We found 1 important support area.
- Support @1.04 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @1.24 from a horizontal line in the daily time frame.
- Resistance @1.42 from a trend line in the daily time frame.
- Resistance @1.50 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 | 10.25 | NEGATIVE | BTAI has a low relative strength, it was outperformed by 89.75% 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) | 50.52 | NEUTRAL | The RSI value for BTAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BTAI has a positive trend. |
| Stochastics (14,3) | 56.63 | NEUTRAL | The Stochastics value for BTAI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.64 | HIGH VOLATILITY | The high ATR as a percentage value for BTAI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.27 | 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
1.2
-0.03 (-2.44%)
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 50.5158. 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 support level at 1.04 and a resistance level at 1.24. Check the full technical report for our detailed analysis of BTAI support and resistance levels.