Taking everything into account, BYSI scores 0 out of 10 in our technical rating. BYSI'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, BYSI is a bad performer in the overall market: 70% of all stocks are doing better.
- BYSI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- BYSI is an average performer in the Biotechnology industry, it outperforms 51% of 525 stocks in the same industry.
- In the last month BYSI has a been trading in the 1.38 - 2.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BYSI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.49
We found 2 important support areas.
- Support @1.59 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.50 to 1.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.78 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.20 to 2.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.98 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 | DOWN | NEGATIVE | The long term trend for BYSI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BYSI is down. |
| ChartMill Relative Strength | 30.01 | NEUTRAL | BYSI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BYSI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BYSI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BYSI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.45 | NEUTRAL | The RSI value for BYSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BYSI has a positive trend. |
| Stochastics (14,3) | 66.34 | NEUTRAL | The Stochastics value for BYSI is a neutral value. |
| Average True Range in percent/ATR (20) | 10.41 | HIGH VOLATILITY | The high ATR as a percentage value for BYSI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.28 | NEGATIVE | The low ADX value for BYSI suggests a weak or negative trend. |
1.71
-0.06 (-3.39%)
BEYONDSPRING INC / BYSI FAQ
What is the technical rating for BYSI stock?
ChartMill assigns a technical rating of 0 / 10 to BYSI.
Can you provide the trend direction for BEYONDSPRING INC?
The current trend direction for BEYONDSPRING INC (BYSI) is Bearish.
What is the RSI signal for BYSI stock?
BEYONDSPRING INC (BYSI) has an RSI value of 47.4506. This indicates that the stock is currently neutral.
What is the MACD signal for BYSI stock?
The MACD indicator for BEYONDSPRING INC (BYSI) has a value of 0.0153016, indicating a bearish trend.
Can you provide the support and resistance levels for BEYONDSPRING INC?
BEYONDSPRING INC (BYSI) has a support level at 1.59 and a resistance level at 1.78. Check the full technical report for our detailed analysis of BYSI support and resistance levels.