BIOTE CORP -A (BTMD) Stock Technical Analysis
NASDAQ:BTMD - Nasdaq - US0906831039 - Common Stock - Currency: USD
Taking everything into account, BTMD scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. BTMD was also a bad performer in the overall market in the last year.
87% of all other stocks performed better in the past year than BTMD.
BTMD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BTMD is lagging the market.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
BTMD is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, BTMD did better than 43% of them.
In the last month BTMD has a been trading in the 3.41 - 4.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BTMD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.95, a Stop Loss order could be placed below this zone.
More info and screens
3.22
4.49
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.80 to 3.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.62 from a trend line in the daily time frame.
- A support zone ranging from 3.45 to 3.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @3.99 from a trend line in the daily time frame.
- A resistance zone ranging from 4.10 to 4.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.22 from a horizontal line in the daily time frame.
- Resistance @4.45 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 BTMD is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTMD is up. |
| ChartMill Relative Strength | 13.73 | NEGATIVE | BTMD has a low relative strength, it was outperformed by 86.27% 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) | 54.48 | NEUTRAL | The RSI value for BTMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BTMD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.55 | NEUTRAL | The Stochastics value for BTMD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.64 | HIGH VOLATILITY | The high ATR as a percentage value for BTMD suggests high volalility. |
| Average Directional Index/ADX (14) | 23.94 | NEUTRAL | The ADX value for BTMD suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.96
-0.03 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.75%
1 Week0.25%
2 Weeks7.9%
1 Month2.33%
3 Month2.59%
6 Month-35.08%
12 Month-45.75%
2 Year-41.42%
3 Year5.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%5.64%
ATR Inc-10.25%
Range Today0.15
ADR(20)0.22
ADR(20)%5.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.73
Mansfield-2.73
10 Day High4.25
10 Day Low3.75
20 Day High4.25
20 Day Low3.41
52 Week High8.44
52 Week Low3.04
CS1 End3.95
CR1 Start3.99
Volume & EV
DER(3)-0.26%
DER(5)-0.1%
Volume124.10K
Volume Incr-26.05%
Vol(5)98.60K
Vol(50)151.72K