BIOXCEL THERAPEUTICS INC (BTAI) Stock Technical Analysis
NASDAQ:BTAI - US09075P2048 - Common Stock
4.05 USD
-0.05 (-1.22%)
3.89 USD
-0.16 (-3.95%)
Taking everything into account, BTAI scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, BTAI has proven to be a steady performer, scoring decent points in every aspect analyzed.
BTAI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
BTAI is part of the Biotechnology industry. There are 542 other stocks in this industry. BTAI outperforms 92% of them.
BTAI has an average volume of 11553900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BTAI is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month BTAI has a been trading in the 1.57 - 8.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BTAI has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
3.91
6.66
We found 1 important support area.
- Support @3.95 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.77 to 4.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.59 from a trend line in the daily time frame.
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 BTAI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTAI is neutral. |
| ChartMill Relative Strength | 96.35 | POSITIVE | BTAI has a high relative strength, it outperformed 96.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTAI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTAI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BTAI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.93 | NEUTRAL | The RSI value for BTAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests BTAI has a negative trend. |
| Stochastics (14,3) | 7.09 | OVERSOLD | The low Stochastics value suggests BTAI may be oversold. |
| Average True Range in percent/ATR (20) | 29.67 | HIGH VOLATILITY | The high ATR as a percentage value for BTAI suggests high volalility. |
| Average Directional Index/ADX (14) | 41.71 | POSITIVE | The high ADX value value for BTAI suggests a strong 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)
4.05
-0.05 (-1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.22%
1 Week-18.67%
2 Weeks-26.09%
1 Month195.62%
3 Month243.22%
6 Month87.5%
12 Month-58.84%
2 Year-93.3%
3 Year-98.15%
5 Year-99.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.14
ATR(20)%29.67%
ATR Inc-72.61%
Range Today0.29
ADR(20)1.15
ADR(20)%28.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.35
Mansfield-2.06
10 Day High6.85
10 Day Low3.8
20 Day High8.08
20 Day Low1.58
52 Week High13.36
52 Week Low1.17
CS1 End3.95
CR1 Start4.77
Volume & EV
DER(3)-0.46%
DER(5)0.43%
Volume2.75M
Volume Incr-52.81%
Vol(5)11.99M
Vol(50)11.55M