BIOXCEL THERAPEUTICS INC (BTAI) Technical Analysis
NASDAQ:BTAI • US09075P2048
Current stock price
BTAI Technical Rating and Analysis
We assign a technical rating of 0 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, BTAI is a bad performer in the overall market: 94% of all stocks are doing better.
- BTAI is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 79% are performing better than BTAI.
- BTAI 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 BTAI is lagging the market.
- In the last month BTAI has a been trading in the 1.06 - 1.78 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.
- BTAI has an average volume of 1605860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
1.08
We can see 3 important resistance areas.
- A resistance zone ranging from 1.25 to 1.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.38 from a trend line in the daily time frame.
- Resistance @1.76 from a horizontal 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 | DOWN | NEGATIVE | The short term trend for BTAI is down. |
| ChartMill Relative Strength | 6.78 | NEGATIVE | BTAI has a low relative strength, it was outperformed by 93.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTAI is below a declining 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) | 31.86 | NEUTRAL | The RSI value for BTAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BTAI has a negative trend. |
| Stochastics (14,3) | 9.48 | OVERSOLD | The low Stochastics value suggests BTAI may be oversold. |
| Average True Range in percent/ATR (20) | 12.16 | HIGH VOLATILITY | The high ATR as a percentage value for BTAI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.68 | 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
1.09
-0.05 (-4.39%)
BIOXCEL THERAPEUTICS INC / BTAI TA FAQ
Can you provide the ChartMill technical rating for BIOXCEL THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 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 31.8611. 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 negative.
Can you provide the support and resistance levels for BIOXCEL THERAPEUTICS INC?
BIOXCEL THERAPEUTICS INC (BTAI) has a resistance level at 1.25. Check the full technical report for our detailed analysis of BTAI support and resistance levels.