BIOXCEL THERAPEUTICS INC (BTAI) Stock Technical Analysis
USA - NASDAQ:BTAI - US09075P2048 - Common Stock
We assign a technical rating of 0 out of 10 to BTAI. 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.
BTAI has a poor technical rating and the quality of the setup is also not perfect 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
1.51
We found 4 important support areas.
- A support zone ranging from 1.80 to 1.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.77 from a horizontal line in the daily time frame.
- Support @1.69 from a trend line in the weekly time frame.
- Support @1.53 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @3.73 from a trend line in the weekly 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 | 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 | 1.06 | NEGATIVE | BTAI has a low relative strength, it was outperformed by 98.94% 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) | 40.62 | 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) | 31.75 | NEUTRAL | The Stochastics value for BTAI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.97 | HIGH VOLATILITY | The high ATR as a percentage value for BTAI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.82 | NEUTRAL | The ADX value for BTAI suggests a possible start of a new trend. |
2.02
+0.09 (+4.66%)
BIOXCEL THERAPEUTICS INC / BTAI FAQ
Can you provide the ChartMill technical rating for BIOXCEL THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 10 to BTAI.
What is the current trend direction of BIOXCEL THERAPEUTICS INC (BTAI) stock?
The current trend direction for BIOXCEL THERAPEUTICS INC (BTAI) is Bearish.
What is the RSI signal for BTAI stock?
BIOXCEL THERAPEUTICS INC (BTAI) has an RSI value of 40.6231. 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 support level at 1.82 and a resistance level at 3.73. Check the full technical report for our detailed analysis of BTAI support and resistance levels.