BIOVENTUS INC - A (BVS) Technical Analysis
NASDAQ:BVS • US09075A1088
Current stock price
BVS Technical Rating and Analysis
Taking everything into account, BVS scores 8 out of 10 in our technical rating. Although BVS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- BVS is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry. BVS outperforms 83% of them.
- BVS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BVS is performing more or less in line with the market.
- In the last month BVS has a been trading in the 8.11 - 9.39 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, BVS did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
BVS Weekly and Daily overview Charts
BVS Setup Rating and Analysis
Besides having an excellent technical rating, BVS 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 8.94, a Stop Loss order could be placed below this zone.
More info and screens
BVS Support and Resistance Analysis
6.44
4 important support areas can be observed.
- A support zone ranging from 8.94 to 8.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.40 to 8.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.00 to 7.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.50 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.03 to 9.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.27 from a horizontal line in the daily time frame.
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 | 73.15 | POSITIVE | BVS has a high relative strength, it outperformed 73.15% 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) | 54.01 | 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. |
| Stochastics (14,3) | 63.08 | NEUTRAL | The Stochastics value for BVS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for BVS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.55 | 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 |
|---|---|---|---|
| 9.11 | 8.93 | 0.18 (1.98%) | 25.00% |
| An entry @9.11. This is a Buy Stop order right above the resistance zone. | An exit @8.93. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.18 points, which is 1.98%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.49%. |
- The distance between exit and entry is rather small compared to the average daily movement of BVS. Please evaluate whether better entry and exit points can be found.
- 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
9.02
+0.05 (+0.56%)
BIOVENTUS INC - A / BVS TA FAQ
Can you provide the ChartMill technical rating for BIOVENTUS INC - A?
ChartMill assigns a technical rating of 8 / 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 54.0142. 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 -0.0193468, 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.