Overall BVS gets a technical rating of 4 out of 10. BVS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is only medium, BVS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.64. Right above this resistance zone may be a good entry point.
More info and screens
6.14
When analyzing the support we can see 7 important areas.
- A support zone ranging from 7.64 to 7.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.08 from a horizontal line in the daily time frame.
- Support @6.95 from a trend line in the weekly time frame.
- A support zone ranging from 6.62 to 6.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 6.50 to 6.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.38 from a trend line in the weekly time frame.
- Support @6.20 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.65 to 7.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.80 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for BVS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BVS is neutral. |
| ChartMill Relative Strength | 32.11 | NEUTRAL | BVS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BVS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BVS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BVS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.91 | NEUTRAL | The RSI value for BVS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BVS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.46 | NEUTRAL | The Stochastics value for BVS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for BVS suggests some volalility. |
| Average Directional Index/ADX (14) | 10.61 | NEGATIVE | The low ADX value for BVS suggests a weak or negative trend. |
7.65
+0.08 (+1.06%)
BIOVENTUS INC - A / BVS FAQ
Can you provide the ChartMill technical rating for BIOVENTUS INC - A?
ChartMill assigns a technical rating of 4 / 10 to BVS.
What is the trend direction for BVS stock?
The current trend direction for BIOVENTUS INC - A (BVS) is Bearish.
Can you provide the RSI signal for BIOVENTUS INC - A?
BIOVENTUS INC - A (BVS) has an RSI value of 53.9058. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BIOVENTUS INC - A?
The short term momentum for BIOVENTUS INC - A (BVS) is neutral.
What are the support and resistance levels for BIOVENTUS INC - A (BVS) stock?
BIOVENTUS INC - A (BVS) has a support level at 7.08 and a resistance level at 7.64. Check the full technical report for our detailed analysis of BVS support and resistance levels.