BIOASIS TECHNOLOGIES INC (BTI.CA) Stock Technical Analysis
Canada - TSX-V:BTI - CA09064N1033 - Common Stock
Taking everything into account, BTI scores 0 out of 10 in our technical rating. 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.
BTI 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.
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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.
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. |
TSX-V:BTI (3/18/2024, 7:00:00 PM)
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0 (0%)
BIOASIS TECHNOLOGIES INC / BTI.CA FAQ
What is the technical rating for BTI stock?
ChartMill assigns a technical rating of 0 / 10 to BTI.CA.
Can you provide the trend direction for BIOASIS TECHNOLOGIES INC?
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.
What is the MACD signal for BTI stock?
The MACD indicator for BIOASIS TECHNOLOGIES INC (BTI.CA) has a value of -0.000146328, indicating a bearish trend.
What is the short term momentum for BIOASIS TECHNOLOGIES INC (BTI.CA) stock?
The short term momentum for BIOASIS TECHNOLOGIES INC (BTI.CA) is negative.