BIOSIG TECHNOLOGIES INC (BSGM) Stock Technical Analysis
NASDAQ:BSGM - Nasdaq - US09073N3008 - Common Stock - Currency: USD
Overall BSGM gets a technical rating of 0 out of 10. 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.
When comparing the yearly performance of all stocks, BSGM is a bad performer in the overall market: 99% of all stocks are doing better.
BSGM is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 92% of 190 stocks in the same industry do better.
BSGM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BSGM has a been trading in the 0.77 - 1.10 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, BSGM does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for BSGM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.47
1.09
4 important support areas can be observed.
- Support @0.91 from a horizontal line in the weekly time frame.
- Support @0.81 from a horizontal line in the daily time frame.
- Support @0.62 from a trend line in the daily time frame.
- Support @0.47 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.00 from a trend line in the daily time frame.
- Resistance @1.08 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.72
Mansfield-6.15
10 Day High1.07
10 Day Low0.77
20 Day High1.1
20 Day Low0.77
52 Week High6.8
52 Week Low0.26
Performance
1 Week1.65%
2 Weeks-0.43%
1 Month-14.35%
3 Month-53.75%
6 Month-31.99%
12 Month-80.1%
2 Year-77.43%
3 Year-96.6%
5 Year-98.64%
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)44.29
LBB0.79
UBB1.07
0.925
+0.1 (+12.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg12.13%
1 Week1.65%
2 Weeks-0.43%
1 Month-14.35%
3 Month-53.75%
6 Month-31.99%
12 Month-80.1%
2 Year-77.43%
3 Year-96.6%
5 Year-98.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%14.62%
ATR Inc10.69%
Range Today0.16
ADR(20)0.14
ADR(20)%14.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.72
Mansfield-6.15
10 Day High1.07
10 Day Low0.77
20 Day High1.1
20 Day Low0.77
52 Week High6.8
52 Week Low0.26
CS1 End0.91
CR1 Start1
Volume & EV
DER(3)7.28%
DER(5)3.59%
Volume4.33M
Volume Incr552.19%
Vol(5)963.28K
Vol(50)266.16K