BIOSIG TECHNOLOGIES INC (BSGM)

US09073N3008 - Common Stock

1.34  +0.04 (+3.08%)

After market: 1.3 -0.04 (-2.99%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to BSGM. BSGM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BSGM is a bad performer in the overall market: 92% of all stocks are doing better.
BSGM is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 72% are performing better than BSGM.
BSGM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BSGM is lagging the market.
In the last month BSGM has a been trading in the 0.92 - 2.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BSGM Weekly chart
BSGM Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, BSGM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.27, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.47

2.04

We found 3 important support areas.

  • A support zone ranging from 1.27 to 1.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @1.14 from a trend line in the weekly time frame.
  • Support @0.47 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 1.55 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.62 from a trend line in the weekly time frame.
  • Resistance @1.65 from a trend line in the daily time frame.
  • A resistance zone ranging from 2.01 to 2.02. 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
CRS8.86
Mansfield-6.07
10 Day High1.87
10 Day Low0.92
20 Day High2.02
20 Day Low0.92
52 Week High6.89
52 Week Low0.26
Performance
1 Week-8.84%
2 Weeks-5.63%
1 Month-30.57%
3 Month7.2%
6 Month48.89%
12 Month-78.32%
2 Year-79.06%
3 Year-95.5%
5 Year-98.38%
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)-0.03
RSI(14)45.35
LBB1.08
UBB1.76
BSGM Daily chart

BIOSIG TECHNOLOGIES INC

NASDAQ:BSGM (12/20/2024, 8:00:01 PM)

After market: 1.3 -0.04 (-2.99%)

1.34

+0.04 (+3.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg3.08%
1 Week-8.84%
2 Weeks-5.63%
1 Month-30.57%
3 Month7.2%
6 Month48.89%
12 Month-78.32%
2 Year-79.06%
3 Year-95.5%
5 Year-98.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%22.21%
ATR Inc-13.39%
Range Today0.33
ADR(20)0.29
ADR(20)%21.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.86
Mansfield-6.07
10 Day High1.87
10 Day Low0.92
20 Day High2.02
20 Day Low0.92
52 Week High6.89
52 Week Low0.26
CS1 End1.27
CR1 Start1.55
Volume & EV
DER(3)-14.04%
DER(5)-6.46%
Volume672.00K
Volume Incr12.05%
Vol(5)295.60K
Vol(50)440.27K