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BAUDAX BIO INC (BXRX) Stock Technical Analysis

NASDAQ:BXRX - Nasdaq - US07160F4046 - Common Stock - Currency: USD

0.1864  +0 (+0.59%)

After market: 0.17 -0.02 (-8.8%)

Technical Rating and Analysis

0

Overall BXRX gets a technical rating of 0 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BXRX is a bad performer in the overall market: 99% of all stocks are doing better.
BXRX is one of the lesser performing stocks in the Pharmaceuticals industry. 87% of 195 stocks in the same industry do better.
BXRX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
BXRX has an average volume of 4681420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BXRX has a been trading in the 0.15 - 0.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BAUDAX BIO INC / BXRX Weekly stock chart
BAUDAX BIO INC / BXRX Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

0.17

0.20

We found 1 important support area.

  • Support @0.17 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for BXRX is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for BXRX is down.
ChartMill Relative Strength1.4NEGATIVEBXRX has a low relative strength, it was outperformed by 98.6% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BXRX is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of BXRX is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of BXRX is below a declining SMA(200).
Relative Strength Index/RSI (14)41NEUTRALThe RSI value for BXRX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests BXRX has a positive trend.
Stochastics (14,3)31.04NEUTRALThe Stochastics value for BXRX is a neutral value.
Average True Range in percent/ATR (20)12.26HIGH VOLATILITYThe high ATR as a percentage value for BXRX suggests high volalility.
Average Directional Index/ADX (14)13.61NEGATIVEThe low ADX value for BXRX suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BAUDAX BIO INC / BXRX Daily stock chart

BAUDAX BIO INC

NASDAQ:BXRX (11/15/2023, 8:21:44 PM)

After market: 0.17 -0.02 (-8.8%)

0.1864

+0 (+0.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.59%
1 Week-12.9%
2 Weeks1.86%
1 Month-17.59%
3 Month-60.7%
6 Month-70.76%
12 Month-96.56%
2 Year-99.96%
3 Year-99.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%12.26%
ATR Inc-53.35%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.4
Mansfield-8.85
10 Day High0.25
10 Day Low0.16
20 Day High0.25
20 Day Low0.15
52 Week High7.64
52 Week Low0.15
CS1 End0.17
CR1 Start0.2
Volume & EV
DER(3)-1.03%
DER(5)-5.22%
Volume330.60K
Volume Incr-86.37%
Vol(5)305.48K
Vol(50)4.68M