BIOTECH ACQUISITION CO-CL A (BIOT) Stock Technical Analysis
NASDAQ:BIOT - Nasdaq - KYG1125A1085 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to BIOT. Both in the recent history as in the last year, BIOT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, BIOT did better than 74% of all other stocks. On top of that, BIOT also shows a nice and consistent pattern of rising prices.
BIOT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BIOT is lagging the market slightly.
In the last month BIOT has a been trading in a tight range between 10.10 and 10.34.
Considerably lower volume is observed in the last couple of days.
Although BIOT has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
9.76
10.43
When analyzing the support we notice one important area.
- Strong support @9.86 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.18 to 10.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.39
Mansfield-0.09
10 Day High10.32
10 Day Low10.14
20 Day High10.34
20 Day Low10.1
52 Week High10.41
52 Week Low8.3
Performance
1 Week-0.68%
2 Weeks-0.05%
1 Month0.5%
3 Month1.6%
6 Month3.05%
12 Month4.1%
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
RSI(14)48.69
LBB10.09
UBB10.3
10.15
-0.08 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.78%
1 Week-0.68%
2 Weeks-0.05%
1 Month0.5%
3 Month1.6%
6 Month3.05%
12 Month4.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.51%
ATR Inc-16.87%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.39
Mansfield-0.09
10 Day High10.32
10 Day Low10.14
20 Day High10.34
20 Day Low10.1
52 Week High10.41
52 Week Low8.3
CS1 End9.86
CR1 Start10.18
Volume & EV
DER(3)-0.3%
DER(5)0.47%
Volume44.40K
Volume Incr-92.67%
Vol(5)18.26K
Vol(50)122.01K