Taking everything into account, BVS scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BVS is a bad performer.
- 71% of all other stocks performed better in the past year than BVS.
- The long and short term trends are both positive. This is looking good!
- In the last month BVS has a been trading in the 7.55 - 8.60 range, which is quite wide. It is currently trading near the high of this range.
- BVS is an average performer in the Health Care Equipment & Supplies industry, it outperforms 65% of 186 stocks in the same industry.
- BVS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BVS is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, BVS also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.36
We found 6 important support areas.
- A support zone ranging from 7.92 to 8.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.70 to 7.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.08 to 7.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.80 from a trend line in the daily time frame.
- Support @6.62 from a horizontal line in the daily time frame.
- Support @6.42 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 | 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 | 29.64 | NEGATIVE | BVS has a low relative strength, it was outperformed by 70.36% 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) | 65.48 | NEUTRAL | The RSI value for BVS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BVS has a positive trend. |
| Stochastics (14,3) | 68.28 | NEUTRAL | The Stochastics value for BVS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for BVS suggests some volalility. |
| Average Directional Index/ADX (14) | 24.54 | NEUTRAL | The ADX value for BVS suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 8.61 | 7.91 | 0.70 (8.13%) | 12.30% |
| An entry @8.61. This is a Buy Stop order right above the 10 day high. | An exit @7.91. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.70 points, which is 8.13%. | For a 1.00% total portfolio risk, you can invest 12.30% 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.
8.51
+0.3 (+3.65%)
BIOVENTUS INC - A / BVS FAQ
Can you provide the ChartMill technical rating for BIOVENTUS INC - A?
ChartMill assigns a technical rating of 7 / 10 to BVS.
What is the trend direction for BVS stock?
The current trend direction for BIOVENTUS INC - A (BVS) is Bullish.
Can you provide the RSI signal for BIOVENTUS INC - A?
BIOVENTUS INC - A (BVS) has an RSI value of 65.4829. 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 positive.
What are the support and resistance levels for BIOVENTUS INC - A (BVS) stock?
BIOVENTUS INC - A (BVS) has a support level at 8.06. Check the full technical report for our detailed analysis of BVS support and resistance levels.