BLUEPRINT MEDICINES CORP (BPMC)
US09627Y1091 - Common Stock
Overall BPMC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BPMC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BPMC is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by BPMC over the past year are nicely spread over this period.
BPMC is one of the better performing stocks in the Biotechnology industry, it outperforms 88% of 586 stocks in the same industry.
BPMC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
BPMC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, BPMC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 107.05. Right above this resistance zone may be a good entry point.
More info and screens
52.97
109.87
When analyzing the support we can see 5 important areas.
- A support zone ranging from 104.95 to 104.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 93.10 to 94.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @89.59 from a trend line in the daily time frame.
- Support @86.82 from a horizontal line in the daily time frame.
- Support @53.50 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 107.05 to 108.78. 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
CRS94.51
Mansfield3.07
10 Day High111.02
10 Day Low103.23
20 Day High111.02
20 Day Low86.52
52 Week High111.02
52 Week Low43.89
Performance
1 Week-1.63%
2 Weeks-2.08%
1 Month20.85%
3 Month16.29%
6 Month64.88%
12 Month91.74%
2 Year90.84%
3 Year14.9%
5 Year38.11%
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)0.02
RSI(14)59.9
LBB94.98
UBB115.15
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 |
|---|---|---|---|
| 108.79 | 104.94 | 3.85 (3.54%) | 25.00% |
| An entry @108.79. This is a Buy Stop order right above the resistance zone. | An exit @104.94. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.85 points, which is 3.54%. | For a 0.88% total portfolio risk, you can invest 25.00% 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 (5/17/2024, 7:00:02 PM)
After market: 104.96 0 (0%)104.96
-1.68 (-1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.58%
1 Week-1.63%
2 Weeks-2.08%
1 Month20.85%
3 Month16.29%
6 Month64.88%
12 Month91.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.52
ATR(20)%4.31%
ATR Inc
Range Today3.94
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 High111.02
10 Day Low103.23
20 Day High111.02
20 Day Low86.52
52 Week High111.02
52 Week Low43.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume415.50K
Volume Incr-31.45%
Vol(5)510.16K
Vol(50)698.59K