BIOFRONTERA INC (BFRI)

US09077D2099 - Common Stock

0.759  -0.02 (-2.68%)

After market: 0.7451 -0.01 (-1.83%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to BFRI. BFRI'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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BFRI is a bad performer in the overall market: 97% of all stocks are doing better.
BFRI is part of the Pharmaceuticals industry. There are 194 other stocks in this industry, of which 80% are performing better than BFRI.
BFRI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BFRI has a been trading in the 0.65 - 2.22 range, which is quite wide. It is currently trading near the lows of this range.
BFRI has an average volume of 3214640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BFRI Weekly chart
BFRI Daily chart
Setup Rating and Analysis

3

The technical rating of BFRI is bad and it also does not present a 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.

Support and Resistance Analysis

0.66

1.15

We found 2 important support areas.

  • Support @0.73 from a horizontal line in the weekly time frame.
  • A support zone ranging from 0.67 to 0.68. 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.

  • A resistance zone ranging from 0.79 to 0.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @1.11 from a trend line in the daily time frame.
  • Resistance @1.14 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
CRS3.57
Mansfield-5.35
10 Day High1.01
10 Day Low0.65
20 Day High2.22
20 Day Low0.65
52 Week High4.04
52 Week Low0.61
Performance
1 Week7.66%
2 Weeks-13.75%
1 Month-21.75%
3 Month-35.68%
6 Month-27.71%
12 Month-76.28%
2 Year-96.39%
3 Year-99.37%
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)-0.01
RSI(14)43.25
LBB0.64
UBB1.02
BFRI Daily chart

BIOFRONTERA INC

NASDAQ:BFRI (11/21/2024, 8:14:44 PM)

After market: 0.7451 -0.01 (-1.83%)

0.759

-0.02 (-2.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.68%
1 Week7.66%
2 Weeks-13.75%
1 Month-21.75%
3 Month-35.68%
6 Month-27.71%
12 Month-76.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%23.35%
ATR Inc
Range Today0.04
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 High1.01
10 Day Low0.65
20 Day High2.22
20 Day Low0.65
52 Week High4.04
52 Week Low0.61
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume72.50K
Volume Incr-96.73%
Vol(5)239.48K
Vol(50)3.21M