| *BIO Click on Sectors to view stocks |
| Biotechnology sector |
| Thu 10 Apr, 1:45 pm ET | |
Default zoom
125% rec
Colors Mouse over for values
Top ˄Thu 10 Apr, 1:45 pm ET
8 Month Detailed Chart
100%
Price is moving lower, both long and short entries have poor trade quality
Scale +/-0(min) to 10(max)
QUOTE
62.23, -3.22 pts (-4.9%), Thu 10 Apr, 1:45 pm ET
excessive down from yesterday's close, expect to pause/stop.
Today's
L 60.61 O 64.21 H 64.39Typical price range:
64.77 to
66.14 ± 0.685 pts, ± 1.1%
Extreme price range (85% of time)
64.08 to
66.82 ± 1.37 pts, ± 2.2%
VOLUME
1.4mil shares, +23.9% compared to typical volume of 1.13mil by 1:45 pm ET.
Typical daily volume is 1.89mil shares over the past 6 months.
RALLIES/PULLBACKS** Current price area
Typical: 4.13 pts (6.6%) occurs 25% of the time.
Extreme: 5.37 pts (8.6%) occurs 5% of the time.
| A summary of bullish and bearish indicators. | |
BULLISH
[Positioning] 1 Day Price change extreme down, may pause/reverse
[Positioning] Short term extreme pullback, expect pullback to pause/stop.
[Positioning] Extreme Oversold, odds definitely favor long trades.
[Positioning] Excessive Down trend (1 month), not sustainable, occurs only 10% of the time, expect trend to turn sideways or higher.
[Positioning] Intermediate trend possibly bullish, Sideways trend near lower support.
[Timing] Extreme bearish 1 day moneyflow, on an strong-extreme pullback is considered bullish.
[Timing] Extreme 3 day distribution, but when the stock is oversold this can be considered bullish.
BEARISH
[Timing] Mild bearish 3 day candlestick pattern.
Indicators for positioning trade entry and exits.
1 DAY PRICE CHANGE
excessive down (-3.22 pts, -4.9%) from yesterday's close, expect to pause/stop.
SHORT TERM DIRECTION
extreme pullback, expect pullback to pause/stop.
OVERBOUGHT/SOLD
Extreme Oversold, odds definitely favor long trades.
1 MONTH TREND
Excessive Down trend, not sustainable, occurs only 10% of the time, expect trend to turn sideways or higher.
INTERMEDIATE TREND** Past 4 months
possibly bullish, Sideways trend near lower support.
SUPPORT/RESISTANCE
62.23, not at support or resistance
Support Below : None.
Resistance Above : +4.5% at
65.06 ± 0.716
type single,
strength 8
Indicators for timing trade entry and exits.
Over 120 three day candlestick chart patterns analyzed.
3 DAY CANDLESTICK
Mild bearish 3 day candlestick pattern.
Extreme 3 day distribution, occurs 5% of the time.
Days Back
Strong Bullish
Mild Bullish
Neutral
Mild Bearish
Strong Bearish
0
5
10
15
25
3 Day Candlestick (over last 25 days)
3 Day Candlestick (2 day avg)
MONEYFLOW
Extreme bearish 1 day moneyflow by 1:45 pm ET,
occurs 10% of the time.
BREAKOUT
None.
BREAKDOWN
None.
Support and Resistance Areas
Over the past 8 months.
Type/Strength Help
CURRENT PRICE
62.23, not at support or resistance
SUPPORT BELOW
None.
RESISTANCE ABOVE
+4.5% at 65.06 ± 0.716 type single,
strength 8
+6.4% at 66.2 ± 0.728 type double,
strength 9
+8.5% at 67.53 ± 0.743 type triple,
strength 10
...
40%
Trade Quality
Long
TARGET 1
Price:
67.18 Profit:
8% (Typical rally)
Stop/Trailing Stop: 61.18 Loss: 1.7%
P/L Ratio: 4.7 : 1 - Excellent
POTENTIAL
Fair, there are 2 resistance areas on the way to Target 1.
The potential to reach targets may be lower with strong resistance areas.
TARGET 1 RESISTANCE
+4.5% at
65.06 ± 0.716
type single,
strength 8
+6.4% at
66.2 ± 0.728
type double,
strength 9
+8% at 67.18 is Target 1
TARGET 2
Price:
68.42 Profit:
9.9% P/L Ratio: 5.8 : 1 - Excellent
(Extreme rally)
Breakout trade indicators.
Breakout Tip
BREAKOUT
None.
0%
Trade Quality
Short
TARGET 1
Price:
67.53 Profit:
0% (Strong pullback has exceeded Target 1)
Cover/Trailing Cover: 63.3 Loss: 1.7%
POTENTIAL
Excellent, there are 0 support areas on the way to Target 1.
When there are few support areas, stocks may quickly fall to targets.
TARGET 2
Price:
66.2 Profit:
0% (Extreme pullback has exceeded Target 2)
Breakdown trade indicators.
4.4%
1%
Breakout 
Long 
