BIOLASE INC (BIOL) Stock Technical Analysis
NASDAQ:BIOL - Nasdaq - US0909117022 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BIOL. BIOL 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.
When comparing the yearly performance of all stocks, BIOL is a bad performer in the overall market: 98% of all stocks are doing better.
BIOL is part of the Health Care Equipment & Supplies industry. There are 190 other stocks in this industry, of which 88% are performing better than BIOL.
BIOL is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month BIOL has a been trading in the 0.09 - 0.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
BIOL has an average volume of 2394470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of BIOL 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.
More info and screens
0.13
0.19
We can see 2 important resistance areas.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.19 from a horizontal 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
CRS2.91
Mansfield-9.44
10 Day High0.16
10 Day Low0.09
20 Day High0.2
20 Day Low0.09
52 Week High10.31
52 Week Low0.09
Performance
1 Week-17.31%
2 Weeks-18.04%
1 Month-19.73%
3 Month-28.05%
6 Month-88.88%
12 Month-98.35%
2 Year-99.97%
3 Year-99.99%
5 Year-100%
10 Year-100%
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
RSI(14)37.58
LBB0.12
UBB0.19
0.129
-0.02 (-13.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-13.19%
1 Week-17.31%
2 Weeks-18.04%
1 Month-19.73%
3 Month-28.05%
6 Month-88.88%
12 Month-98.35%
2 Year-99.97%
3 Year-99.99%
5 Year-100%
10 Year-100%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%14.9%
ATR Inc172.22%
Range Today0.07
ADR(20)0.02
ADR(20)%14.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.91
Mansfield-9.44
10 Day High0.16
10 Day Low0.09
20 Day High0.2
20 Day Low0.09
52 Week High10.31
52 Week Low0.09
CS1 EndN/A
CR1 Start0.16
Volume & EV
DER(3)-0.37%
DER(5)-2.6%
Volume25.62M
Volume Incr120.28%
Vol(5)6.02M
Vol(50)2.39M