BLUEPRINT MEDICINES CORP (BPMC)
US09627Y1091 - Common Stock
We assign a technical rating of 8 out of 10 to BPMC. BPMC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BPMC did better than 73% of all other stocks.
BPMC is part of the Biotechnology industry. There are 570 other stocks in this industry. BPMC outperforms 73% of them.
In the last month BPMC has a been trading in the 88.05 - 103.55 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BPMC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BPMC is lagging the market.
BPMC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 96.84. Right above this resistance zone may be a good entry point.
More info and screens
81.65
102.40
We found 3 important support areas.
- A support zone ranging from 93.25 to 93.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @86.57 from a trend line in the weekly time frame.
- A support zone ranging from 82.47 to 84.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 96.08 to 97.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 100.83 to 101.39. This zone is formed by a combination of multiple trend lines 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
CRS73.23
Mansfield-0.96
10 Day High98.34
10 Day Low88.97
20 Day High103.55
20 Day Low88.05
52 Week High121.9
52 Week Low72.24
Performance
1 Week2.83%
2 Weeks7.04%
1 Month5.06%
3 Month11.69%
6 Month-6.59%
12 Month30.48%
2 Year120.34%
3 Year-9.88%
5 Year20.5%
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)56.11
LBB89.86
UBB99.53
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 97.39 | 93.24 | 4.15 (4.26%) | 23.47% |
| An entry @97.39. This is a Buy Stop order right above the resistance zone. | An exit @93.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.15 points, which is 4.26%. | For a 1.00% total portfolio risk, you can invest 23.47% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BPMC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BLUEPRINT MEDICINES CORP
NASDAQ:BPMC (12/4/2024, 1:37:19 PM)
95.97
-0.56 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.58%
1 Week2.83%
2 Weeks7.04%
1 Month5.06%
3 Month11.69%
6 Month-6.59%
12 Month30.48%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.81
ATR(20)%4.11%
ATR Inc
Range Today2.53
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High98.34
10 Day Low88.97
20 Day High103.55
20 Day Low88.05
52 Week High121.9
52 Week Low72.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume132.80K
Volume Incr-33.83%
Vol(5)505.10K
Vol(50)623.73K