BEYONDSPRING INC (BYSI) Stock Technical Analysis
USA - NASDAQ:BYSI - KYG108301006 - Common Stock
Overall BYSI gets a technical rating of 4 out of 10. In the past year, BYSI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
BYSI has an average technical rating and it also does not offer a high 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
1.63
2 important support areas can be observed.
- Support @1.72 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.65 to 1.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.16 to 2.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.21 from a horizontal line in the daily time frame.
- Resistance @3.06 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 | NEUTRAL | NEUTRAL | The long term trend for BYSI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BYSI is up. |
| ChartMill Relative Strength | 27.21 | NEGATIVE | BYSI has a low relative strength, it was outperformed by 72.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BYSI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BYSI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BYSI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.54 | NEUTRAL | The RSI value for BYSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BYSI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.92 | NEUTRAL | The Stochastics value for BYSI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.66 | HIGH VOLATILITY | The high ATR as a percentage value for BYSI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.78 | NEGATIVE | The low ADX value for BYSI suggests a weak or negative trend. |
2.01
-0.01 (-0.5%)
BEYONDSPRING INC / BYSI FAQ
What is the technical rating for BYSI stock?
ChartMill assigns a technical rating of 4 / 10 to BYSI.
What is the trend direction for BYSI stock?
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 58.5364. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BEYONDSPRING INC?
The MACD indicator for BEYONDSPRING INC (BYSI) has a value of 0.039885, indicating a bearish trend.
What are the support and resistance levels for BEYONDSPRING INC (BYSI) stock?
BEYONDSPRING INC (BYSI) has a support level at 1.72 and a resistance level at 2.16. Check the full technical report for our detailed analysis of BYSI support and resistance levels.