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BIOSIG TECHNOLOGIES INC (BSGM) Stock Technical Analysis

NASDAQ:BSGM - Nasdaq - US09073N3008 - Common Stock

1.13  -0.03 (-2.59%)

Technical Rating and Analysis

0

Taking everything into account, BSGM scores 0 out of 10 in our technical rating. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than BSGM.
BSGM is part of the Health Care Equipment & Supplies industry. There are 191 other stocks in this industry, of which 71% are performing better than BSGM.
BSGM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BSGM has a been trading in the 1.00 - 1.67 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
BIOSIG TECHNOLOGIES INC / BSGM Weekly stock chart
BIOSIG TECHNOLOGIES INC / BSGM Daily stock chart
Setup Rating and Analysis

5

BSGM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

0.47

2.03

We found 2 important support areas.

  • Support @0.58 from a trend line in the daily time frame.
  • Support @0.47 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 1.36 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 1.42 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.01 from a horizontal line in the weekly time frame.
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
CRS11.58
Mansfield-6.1
10 Day High1.67
10 Day Low1
20 Day High1.67
20 Day Low1
52 Week High6.89
52 Week Low0.26
Performance
1 Week-19.86%
2 Weeks-28.48%
1 Month-11.72%
3 Month30.11%
6 Month113.13%
12 Month-77.19%
2 Year-77.6%
3 Year-95.81%
5 Year-98.3%
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)40.31
LBB1.08
UBB1.59
BIOSIG TECHNOLOGIES INC / BSGM Daily stock chart

BIOSIG TECHNOLOGIES INC

NASDAQ:BSGM (1/21/2025, 8:00:00 PM)

1.13

-0.03 (-2.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.59%
1 Week-19.86%
2 Weeks-28.48%
1 Month-11.72%
3 Month30.11%
6 Month113.13%
12 Month-77.19%
2 Year-77.6%
3 Year-95.81%
5 Year-98.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%17.76%
ATR Inc-27.87%
Range Today0.18
ADR(20)0.2
ADR(20)%17.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.58
Mansfield-6.1
10 Day High1.67
10 Day Low1
20 Day High1.67
20 Day Low1
52 Week High6.89
52 Week Low0.26
CS1 End0.58
CR1 Start1.36
Volume & EV
DER(3)-0.37%
DER(5)-6.13%
Volume192.10K
Volume Incr-24.07%
Vol(5)159.92K
Vol(50)242.22K