BTMD Technical Analysis - BIOTE CORP -A

Technical Rating and Analysis

Taking everything into account, BTMD scores 0 out of 10 in our technical rating. BTMD'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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

When comparing the yearly performance of all stocks, BTMD is a bad performer in the overall market: 95% of all stocks are doing better.

BTMD is part of the Pharmaceuticals industry. There are 197 other stocks in this industry, of which 81% are performing better than BTMD.

BTMD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month BTMD has a been trading in the 2.92 - 3.55 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.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of BTMD is bad and it also does not present a quality setup 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

2.95

4.43

4 important resistance areas can be observed.

A resistance zone ranging from 2.99 to 3.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @3.62 from a trend line in the weekly time frame.
Resistance @4.00 from a trend line in the daily time frame.
Resistance @4.39 from a trend line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 BTMD is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for BTMD is down.
ChartMill Relative Strength	5.26	NEGATIVE	BTMD has a low relative strength, it was outperformed by 94.74% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of BTMD is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of BTMD is below a declining 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)	36.97	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, although the MACD value is rising.
Stochastics (14,3)	10.6	OVERSOLD	The low Stochastics value suggests BTMD may be oversold.
Average True Range in percent/ATR (20)	4.97	MEDIUM VOLATILITY	The ATR as a percentage value for BTMD suggests some volalility.
Average Directional Index/ADX (14)	13.29	NEGATIVE	The low ADX value for BTMD suggests a weak or negative trend.