BIOTE CORP -A (BTMD) Stock Technical Analysis
NASDAQ:BTMD - Nasdaq - US0906831039 - Common Stock - Currency: USD
Taking everything into account, BTMD scores 5 out of 10 in our technical rating. In the past year, BTMD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, BTMD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.08, a Stop Loss order could be placed below this zone.
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3.75
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.97 to 3.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.79 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.07 to 4.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.21 to 4.29. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for BTMD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTMD is up. |
| ChartMill Relative Strength | 9.59 | NEGATIVE | BTMD has a low relative strength, it was outperformed by 90.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.37 | NEUTRAL | The RSI value for BTMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BTMD has a negative trend. |
| Stochastics (14,3) | 49.52 | NEUTRAL | The Stochastics value for BTMD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for BTMD suggests some volalility. |
| Average Directional Index/ADX (14) | 22.04 | NEUTRAL | The ADX value for BTMD suggests a possible start of a new trend. |
NASDAQ:BTMD (7/14/2025, 10:09:58 AM)
4.07
-0.01 (-0.25%)