BEIGENE LTD-ADR (BGNE) Stock Technical Analysis
NASDAQ:BGNE - Nasdaq - US07725L1026 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to BGNE. BGNE'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BGNE is a bad performer in the overall market: 70% of all stocks are doing better.
BGNE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
BGNE is part of the Biotechnology industry. There are 571 other stocks in this industry, BGNE did better than 68% of them.
BGNE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BGNE is lagging the market.
Considerably lower volume is observed in the last couple of days.
BGNE 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
172.96
245.44
When analyzing the support we notice one important area.
- A support zone ranging from 174.71 to 180.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 184.72 to 186.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 193.10 to 198.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @243.01 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.16
Mansfield-0.35
10 Day High187.42
10 Day Low170.99
20 Day High211
20 Day Low170.99
52 Week High248.16
52 Week Low126.97
Performance
1 Week3.94%
2 Weeks4.75%
1 Month-10.23%
3 Month-24.93%
6 Month25.62%
12 Month11.69%
2 Year-16.02%
3 Year-31.82%
5 Year11.43%
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)0.94
RSI(14)46.17
LBB173.28
UBB186.85
184.71
+0.9 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.49%
1 Week3.94%
2 Weeks4.75%
1 Month-10.23%
3 Month-24.93%
6 Month25.62%
12 Month11.69%
2 Year-16.02%
3 Year-31.82%
5 Year11.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.72
ATR(20)%3.38%
ATR Inc-27.98%
Range Today3.51
ADR(20)5.43
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.16
Mansfield-0.35
10 Day High187.42
10 Day Low170.99
20 Day High211
20 Day Low170.99
52 Week High248.16
52 Week Low126.97
CS1 End180.06
CR1 Start184.72
Volume & EV
DER(3)-1.8%
DER(5)-1.33%
Volume331.60K
Volume Incr-60.44%
Vol(5)198.46K
Vol(50)362.64K