BIOFRONTERA INC (BFRI)
US09077D2099 - Common Stock
We assign a technical rating of 3 out of 10 to BFRI. Recently some decent action could be observed, but in the medium term time frame this is still negative. BFRI was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BFRI is a bad performer in the overall market: 94% of all stocks are doing better.
BFRI is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 72% are performing better than BFRI.
BFRI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BFRI is lagging the market.
BFRI has an average volume of 3549420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BFRI has a been trading in the 0.81 - 1.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BFRI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.98, a Stop Loss order could be placed below this zone.
More info and screens
0.72
1.18
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.97 to 0.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.73 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @1.07 from a horizontal line in the weekly time frame.
- Resistance @1.13 from a trend line in the daily time frame.
- Resistance @1.17 from a trend 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
CRS6.6
Mansfield-2.45
10 Day High1.25
10 Day Low0.94
20 Day High1.25
20 Day Low0.81
52 Week High3.9
52 Week Low0.61
Performance
1 Week-2.88%
2 Weeks-12.17%
1 Month16.09%
3 Month-21.09%
6 Month12.47%
12 Month-63.54%
2 Year-94.49%
3 Year-99.33%
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)51.26
LBB0.91
UBB1.19
BIOFRONTERA INC
NASDAQ:BFRI (12/23/2024, 7:19:59 PM)
After market: 1.08 +0.07 (+6.93%)1.01
+0.03 (+3.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.22%
1 Week-2.88%
2 Weeks-12.17%
1 Month16.09%
3 Month-21.09%
6 Month12.47%
12 Month-63.54%
2 Year-94.49%
3 Year-99.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%13.42%
ATR Inc-44.35%
Range Today0.06
ADR(20)0.13
ADR(20)%13.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.6
Mansfield-2.45
10 Day High1.25
10 Day Low0.94
20 Day High1.25
20 Day Low0.81
52 Week High3.9
52 Week Low0.61
CS1 End0.98
CR1 Start1.07
Volume & EV
DER(3)-1.03%
DER(5)-1.06%
Volume278.28K
Volume Incr-81.9%
Vol(5)262.39K
Vol(50)3.55M