BAUDAX BIO INC (BXRX) Stock Technical Analysis
USA - NASDAQ:BXRX - US07160F4046 - Common Stock
We assign a technical rating of 0 out of 10 to BXRX. BXRX'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 technical rating of BXRX 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
0.17
When analyzing the support we notice one important area.
- Support @0.17 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 BXRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BXRX is down. |
| ChartMill Relative Strength | 1.4 | NEGATIVE | BXRX has a low relative strength, it was outperformed by 98.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BXRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BXRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BXRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41 | NEUTRAL | The RSI value for BXRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BXRX has a positive trend. |
| Stochastics (14,3) | 31.04 | NEUTRAL | The Stochastics value for BXRX is a neutral value. |
| Average True Range in percent/ATR (20) | 12.26 | HIGH VOLATILITY | The high ATR as a percentage value for BXRX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.61 | NEGATIVE | The low ADX value for BXRX suggests a weak or negative trend. |
0.1864
+0 (+0.59%)
BAUDAX BIO INC / BXRX FAQ
What is the ChartMill technical rating of BAUDAX BIO INC (BXRX) stock?
ChartMill assigns a technical rating of 0 / 10 to BXRX.
What is the current trend direction of BAUDAX BIO INC (BXRX) stock?
The current trend direction for BAUDAX BIO INC (BXRX) is Bearish.
Can you provide the RSI signal for BAUDAX BIO INC?
BAUDAX BIO INC (BXRX) has an RSI value of 41.0017. This indicates that the stock is currently neutral.
What is the buy/sell signal for BXRX stock?
The buy/sell signal for BAUDAX BIO INC (BXRX) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for BAUDAX BIO INC?
BAUDAX BIO INC (BXRX) has a support level at 0.17 and a resistance level at 0.2. Check the full technical report for our detailed analysis of BXRX support and resistance levels.