BIOASIS TECHNOLOGIES INC (BTI.CA) Technical Analysis
TSX-V:BTI • CA09064N1033
Current stock price
BTI.CA Technical Rating and Analysis
Overall BTI gets a technical rating of 0 out of 10. BTI'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.
- 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, BTI is a bad performer in the overall market: 94% of all stocks are doing better.
- BTI is part of the Biotechnology industry. There are 23 other stocks in this industry, of which 72% are performing better than BTI.
- BTI 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 BTI is lagging the market.
- In the last month BTI has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
BTI.CA Weekly and Daily overview Charts
BTI.CA Setup Rating and Analysis
BTI has a poor technical rating and the quality of the setup is also only medium 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
BTI.CA Support and Resistance Analysis
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When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BTI.CA 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 BTI.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTI.CA is down. |
| ChartMill Relative Strength | 6.27 | NEGATIVE | BTI.CA has a low relative strength, it was outperformed by 93.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTI.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.16 | NEUTRAL | The RSI value for BTI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BTI.CA has a negative trend, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 25 | HIGH VOLATILITY | The high ATR as a percentage value for BTI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 49.21 | POSITIVE | The high ADX value value for BTI.CA suggests a strong trend. |
BTI.CA Chart- and CandleStick Pattern Analysis
BTI.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:BTI (3/18/2024, 7:00:00 PM)
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0 (0%)
BIOASIS TECHNOLOGIES INC / BTI.CA TA FAQ
What is the technical rating for BTI stock?
ChartMill assigns a technical rating of 0 / 10 to BTI.CA.
What is the current trend direction of BIOASIS TECHNOLOGIES INC (BTI.CA) stock?
The current trend direction for BIOASIS TECHNOLOGIES INC (BTI.CA) is Bearish.
What is the RSI signal for BIOASIS TECHNOLOGIES INC (BTI.CA) stock?
BIOASIS TECHNOLOGIES INC (BTI.CA) has an RSI value of 47.1639. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BIOASIS TECHNOLOGIES INC?
The MACD indicator for BIOASIS TECHNOLOGIES INC (BTI.CA) has a value of -0.000146328, indicating a bearish trend.
Can you provide the support and resistance levels for BIOASIS TECHNOLOGIES INC?
BIOASIS TECHNOLOGIES INC (BTI.CA) has a resistance level at 0.01. Check the full technical report for our detailed analysis of BTI.CA support and resistance levels.