FEMTO TECHNOLOGIES INC (BCAN) Stock Technical Analysis
NASDAQ:BCAN - Nasdaq - CA31447N2041 - Common Stock - Currency: USD
Taking everything into account, BCAN scores 0 out of 10 in our technical rating. BCAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than BCAN.
BCAN is one of the lesser performing stocks in the Software industry. 88% of 285 stocks in the same industry do better.
BCAN is currently trading near the lower end of its 52 week range, which is not a good sign. BCAN is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month BCAN has a been trading in the 3.95 - 9.43 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BCAN has an average volume of 26682 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
BCAN has a poor technical rating and the quality of the setup is also not perfect 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
4.16
8.43
When analyzing the resistance we notice 4 important areas.
- Resistance @4.59 from a horizontal line in the daily time frame.
- Resistance @8.02 from a trend line in the daily time frame.
- Resistance @8.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 8.31 to 8.35. This zone is formed by a combination of multiple trend lines 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
CRS1.3
Mansfield-9.44
10 Day High4.87
10 Day Low3.95
20 Day High9.43
20 Day Low3.95
52 Week High911.18
52 Week Low3.95
Performance
1 Week-5.41%
2 Weeks-13.76%
1 Month-50.53%
3 Month-48.28%
6 Month-55.91%
12 Month-99.32%
2 Year-99.96%
3 YearN/A
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)-0.09
RSI(14)24.32
LBB2.95
UBB6.57
4.2
+0.21 (+5.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg5.26%
1 Week-5.41%
2 Weeks-13.76%
1 Month-50.53%
3 Month-48.28%
6 Month-55.91%
12 Month-99.32%
2 Year-99.96%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%16%
ATR Inc-57.46%
Range Today0.32
ADR(20)0.62
ADR(20)%14.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.3
Mansfield-9.44
10 Day High4.87
10 Day Low3.95
20 Day High9.43
20 Day Low3.95
52 Week High911.18
52 Week Low3.95
CS1 EndN/A
CR1 Start4.59
Volume & EV
DER(3)1.88%
DER(5)0.81%
Volume38.80K
Volume Incr-60.68%
Vol(5)21.42K
Vol(50)26.68K