BRIGHT MINDS BIOSCIENCES INC (DRUG)

CA10919W4056 - Common Stock

1.25  -0.04 (-3.1%)

Technical Rating and Analysis

6

Taking everything into account, DRUG scores 6 out of 10 in our technical rating. In the last year, DRUG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

76% of all other stocks performed better in the past year than DRUG.
DRUG 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
DRUG is an average performer in the Biotechnology industry, it outperforms 54% of 573 stocks in the same industry.
In the last month DRUG has a been trading in the 0.99 - 1.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
DRUG Weekly chart
DRUG Daily chart
Setup Rating and Analysis

4

DRUG has an average technical rating and the quality of the presented setup is also not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

0.95

1.39

2 important support areas can be observed.

  • Support @1.04 from a trend line in the weekly time frame.
  • Support @0.96 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 1.27 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 1.37 to 1.38. This zone is formed by a combination of multiple trend lines in the daily 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
CRS24.45
Mansfield-1.9
10 Day High1.4
10 Day Low1.07
20 Day High1.75
20 Day Low0.99
52 Week High2.39
52 Week Low0.93
Performance
1 Week4.6%
2 Weeks14.83%
1 Month23.76%
3 Month19.05%
6 Month1.63%
12 Month-27.75%
2 Year-79.67%
3 YearN/A
5 YearN/A
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)56.38
LBB1.02
UBB1.34
DRUG Daily chart

BRIGHT MINDS BIOSCIENCES INC

NASDAQ:DRUG (9/18/2024, 8:00:03 PM)

1.25

-0.04 (-3.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.1%
1 Week4.6%
2 Weeks14.83%
1 Month23.76%
3 Month19.05%
6 Month1.63%
12 Month-27.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%12.24%
ATR Inc
Range Today0.06
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 High1.4
10 Day Low1.07
20 Day High1.75
20 Day Low0.99
52 Week High2.39
52 Week Low0.93
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.70K
Volume Incr-88.95%
Vol(5)30.00K
Vol(50)132.28K