BRIGHT MINDS BIOSCIENCES INC (DRUG) Stock Technical Analysis
NASDAQ:DRUG - Nasdaq - CA10919W4056 - Common Stock - Currency: USD
Taking everything into account, DRUG scores 2 out of 10 in our technical rating. Although DRUG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
DRUG is one of the better performing stocks in the Biotechnology industry, it outperforms 100% of 563 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, DRUG did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
DRUG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month DRUG has a been trading in the 26.96 - 35.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DRUG has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
28.54
47.02
We found 2 important support areas.
- Support @32.03 from a trend line in the weekly time frame.
- Support @28.83 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 32.22 to 32.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 36.51 to 36.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 37.24 to 37.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @39.98 from a trend line in the weekly time frame.
- Resistance @46.55 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.99
Mansfield5.09
10 Day High35.94
10 Day Low28.7
20 Day High35.94
20 Day Low26.96
52 Week High79.02
52 Week Low0.93
Performance
1 Week-1.65%
2 Weeks-2.84%
1 Month-2.87%
3 Month-5.38%
6 Month-33.23%
12 Month3149.49%
2 Year925.83%
3 Year484.91%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)48.3
LBB30.27
UBB34.36
32.17
+1.55 (+5.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.06%
1 Week-1.65%
2 Weeks-2.84%
1 Month-2.87%
3 Month-5.38%
6 Month-33.23%
12 Month3149.49%
2 Year925.83%
3 Year484.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.14
ATR(20)%7.76%
ATR Inc-35.49%
Range Today1.15
ADR(20)2.44
ADR(20)%7.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.99
Mansfield5.09
10 Day High35.94
10 Day Low28.7
20 Day High35.94
20 Day Low26.96
52 Week High79.02
52 Week Low0.93
CS1 End32.03
CR1 Start32.22
Volume & EV
DER(3)2.92%
DER(5)-2.52%
Volume17.40K
Volume Incr-16.53%
Vol(5)25.66K
Vol(50)35.79K