BANNIX ACQUISITION CORP (BNIX)

US0666441052 - Common Stock

11.2028  +0.02 (+0.2%)

Technical Rating and Analysis

7

Taking everything into account, BNIX scores 7 out of 10 in our technical rating. Although BNIX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: BNIX has an average volume of 5430 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, BNIX turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
BNIX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BNIX is lagging the market slightly.
In the last month BNIX has a been trading in a tight range between 11.08 and 11.25.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BNIX Weekly chart
BNIX Daily chart
Setup Rating and Analysis

5

Although BNIX 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.

Support and Resistance Analysis

10.56

11.36

We found 2 important support areas.

  • A support zone ranging from 10.93 to 11.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @10.67 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 11.25 to 11.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS51.45
Mansfield-1.63
10 Day High11.25
10 Day Low11.09
20 Day High11.25
20 Day Low11.08
52 Week High11.72
52 Week Low10.42
Performance
1 Week0.03%
2 Weeks0.74%
1 Month0.47%
3 Month1.94%
6 Month2.87%
12 Month7.2%
2 Year10.16%
3 Year14.2%
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)56.93
LBB11.03
UBB11.28
BNIX Daily chart

BANNIX ACQUISITION CORP

NASDAQ:BNIX (12/6/2024, 8:00:01 PM)

11.2028

+0.02 (+0.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.2%
1 Week0.03%
2 Weeks0.74%
1 Month0.47%
3 Month1.94%
6 Month2.87%
12 Month7.2%
2 Year10.16%
3 Year14.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.33%
ATR Inc43.54%
Range Today0
ADR(20)0.02
ADR(20)%0.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.45
Mansfield-1.63
10 Day High11.25
10 Day Low11.09
20 Day High11.25
20 Day Low11.08
52 Week High11.72
52 Week Low10.42
CS1 End11.18
CR1 Start11.25
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-69.26%
Vol(5)1.84K
Vol(50)5.43K