BIODEXA PHARMACEUTICALS-ADR (BDRX)

US59564R7089 - ADR

1.19  -0.05 (-4.03%)

After market: 1.14 -0.05 (-4.2%)

Technical Rating and Analysis

4

Taking everything into account, BDRX scores 4 out of 10 in our technical rating. Although BDRX has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.

BDRX 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.
BDRX is one of the better performing stocks in the Biotechnology industry, it outperforms 98% of 586 stocks in the same industry.
BDRX has an average volume of 3530950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that BDRX is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month BDRX has a been trading in the 0.67 - 1.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BDRX Weekly chart
BDRX Daily chart
Setup Rating and Analysis

5

BDRX has an average technical rating and the quality of the presented setup is also not ideal 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

0.81

1.43

3 important support areas can be observed.

  • A support zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @1.02 from a trend line in the daily time frame.
  • Support @0.82 from a trend line in the weekly time frame.

We can see 3 important resistance areas.

  • Resistance @1.25 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 1.28 to 1.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.42 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.41
Mansfield-6.3
10 Day High1.37
10 Day Low0.92
20 Day High1.74
20 Day Low0.67
52 Week High9.74
52 Week Low0.06
Performance
1 Week28.66%
2 Weeks0.85%
1 Month58.24%
3 Month-23.23%
6 Month-54.05%
12 Month497.99%
2 YearN/A
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)0.02
RSI(14)54.79
LBB0.83
UBB1.44
BDRX Daily chart

BIODEXA PHARMACEUTICALS-ADR

NASDAQ:BDRX (5/17/2024, 7:00:01 PM)

After market: 1.14 -0.05 (-4.2%)

1.19

-0.05 (-4.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.03%
1 Week28.66%
2 Weeks0.85%
1 Month58.24%
3 Month-23.23%
6 Month-54.05%
12 Month497.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%15.83%
ATR Inc
Range Today0.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.37
10 Day Low0.92
20 Day High1.74
20 Day Low0.67
52 Week High9.74
52 Week Low0.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume487.40K
Volume Incr-91.06%
Vol(5)353.28K
Vol(50)3.53M