BIOXCEL THERAPEUTICS INC (BTAI) Stock Technical Analysis
NASDAQ:BTAI - Nasdaq - US09075P2048 - Common Stock - Currency: USD
Taking everything into account, BTAI scores 1 out of 10 in our technical rating. 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.
97% of all other stocks performed better in the past year than BTAI.
BTAI is part of the Biotechnology industry. There are 559 other stocks in this industry, of which 79% are performing better than BTAI.
BTAI 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 BTAI is lagging the market.
In the last month BTAI has a been trading in the 1.17 - 2.01 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of BTAI is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.94
1.98
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 | 3.56 | NEGATIVE | BTAI has a low relative strength, it was outperformed by 96.44% 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 | MIXED | The current price of BTAI is above 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) | 68.07 | NEUTRAL | The RSI value for BTAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BTAI has a positive trend. |
| Stochastics (14,3) | 93.95 | OVERBOUGHT | The high Stochastics value suggests BTAI may be overbought. |
| Average True Range in percent/ATR (20) | 6.85 | HIGH VOLATILITY | The high ATR as a percentage value for BTAI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.77 | NEGATIVE | The low ADX value for BTAI suggests a weak or negative trend. |
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)
1.96
+0.12 (+6.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg6.52%
1 Week48.48%
2 Weeks41.01%
1 Month28.1%
3 Month-7.98%
6 Month-70.27%
12 Month-91.06%
2 Year-98.16%
3 Year-99.07%
5 Year-99.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%6.85%
ATR Inc110.01%
Range Today0.16
ADR(20)0.13
ADR(20)%6.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.56
Mansfield-7.48
10 Day High2.01
10 Day Low1.17
20 Day High2.01
20 Day Low1.17
52 Week High25.12
52 Week Low1.17
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)11.35%
DER(5)12.83%
Volume287.20K
Volume Incr-43.85%
Vol(5)231.66K
Vol(50)239.84K