BIOVENTUS INC - A (BVS) Technical Analysis
NASDAQ:BVS • US09075A1088
Current stock price
BVS Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to BVS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BVS is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, BVS did better than 84% of all other stocks.
- BVS is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 90% of 187 stocks in the same industry.
- BVS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BVS is lagging the market slightly.
- In the last month BVS has a been trading in the 8.70 - 10.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BVS Weekly and Daily overview Charts
BVS Setup Rating and Analysis
BVS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 9.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BVS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
BVS Support and Resistance Analysis
6.45
4 important support areas can be observed.
- A support zone ranging from 9.15 to 9.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.83 from a horizontal line in the daily time frame.
- A support zone ranging from 7.08 to 7.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.52 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.53 to 10.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
BVS 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 | UP | POSITIVE | The long term trend for BVS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BVS is up. |
| ChartMill Relative Strength | 84.59 | POSITIVE | BVS has a high relative strength, it outperformed 84.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BVS is above the rising 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) | UP | POSITIVE | The current price of BVS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.68 | NEUTRAL | The RSI value for BVS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BVS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.33 | NEUTRAL | The Stochastics value for BVS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for BVS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.08 | NEGATIVE | The low ADX value for BVS suggests a weak or negative trend. |
BVS Chart- and CandleStick Pattern Analysis
BVS Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.58 | 9.53 | 1.05 (9.92%) | 10.08% |
| An entry @10.58. This is a Buy Stop order right above the resistance zone. | An exit @9.53. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.05 points, which is 9.92%. | For a 1.00% total portfolio risk, you can invest 10.08% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BVS Technicals: Chart, Performance Metrics, Trend & Indicators
10.11
+0.24 (+2.43%)
BIOVENTUS INC - A / BVS TA FAQ
Can you provide the ChartMill technical rating for BIOVENTUS INC - A?
ChartMill assigns a technical rating of 10 / 10 to BVS.
Can you provide the trend direction for BIOVENTUS INC - A?
The current trend direction for BIOVENTUS INC - A (BVS) is Bullish.
What is the RSI signal for BVS stock?
BIOVENTUS INC - A (BVS) has an RSI value of 58.6781. This indicates that the stock is currently neutral.
What is the MACD signal for BIOVENTUS INC - A (BVS) stock?
The MACD indicator for BIOVENTUS INC - A (BVS) has a value of -0.0318316, indicating a bearish trend.
What is the short term momentum for BIOVENTUS INC - A (BVS) stock?
The short term momentum for BIOVENTUS INC - A (BVS) is positive.