BIONANO GENOMICS INC. - Daily - Technical analysis published on 11/14/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 2.54 USD
My targets
2.73 USD (+2.63%)
3.27 USD (+23.05%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BIONANO GENOMICS INC. as long as the price remains well above 2.54 USD. The buyers' bullish objective is set at 2.73 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.27 USD. If there is any crossing, the next objective would be the resistance located at 3.62 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
9.1
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Additional analysis
Quotes
BIONANO GENOMICS INC. rating 2.66 USD. On the day, this instrument gained +10.37% and was traded between 2.32 USD and 2.80 USD over the period. The price is currently at +14.66% from its lowest and -5.00% from its highest.2.32
2.80
2.66
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this BIONANO GENOMICS INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.25 | 1.80 | 2.54 | 2.66 | 2.73 | 3.62 | 5.05 |
| Change (%) | -53.01% | -32.33% | -4.51% | - | +2.63% | +36.09% | +89.85% |
| Change | -1.41 | -0.86 | -0.12 | - | +0.07 | +0.96 | +2.39 |
| Level | Major | Intermediate | Major | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.91 | 2.11 | 2.39 | 2.59 | 2.87 | 3.07 | 3.35 |
| Camarilla | 2.53 | 2.57 | 2.62 | 2.66 | 2.70 | 2.75 | 2.79 |
| Woodie | 1.94 | 2.13 | 2.42 | 2.61 | 2.90 | 3.09 | 3.38 |
| Fibonacci | 2.11 | 2.30 | 2.41 | 2.59 | 2.78 | 2.89 | 3.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.91 | 2.06 | 2.18 | 2.33 | 2.45 | 2.60 | 2.72 |
| Camarilla | 2.22 | 2.24 | 2.27 | 2.29 | 2.32 | 2.34 | 2.36 |
| Woodie | 1.89 | 2.05 | 2.16 | 2.32 | 2.43 | 2.59 | 2.70 |
| Fibonacci | 2.06 | 2.17 | 2.23 | 2.33 | 2.44 | 2.50 | 2.60 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.83 | 1.29 | 1.82 | 2.28 | 2.81 | 3.27 | 3.80 |
| Camarilla | 2.07 | 2.16 | 2.25 | 2.34 | 2.43 | 2.52 | 2.61 |
| Woodie | 0.86 | 1.31 | 1.85 | 2.30 | 2.84 | 3.29 | 3.83 |
| Fibonacci | 1.29 | 1.67 | 1.91 | 2.28 | 2.66 | 2.90 | 3.27 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 62.20 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 22.52 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 2.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.13 | |
| Elder Ray (13): | 0.25 | |
| Super Trend (3,10): | 1.85 | |
| Zig ZAG (10): | 2.66 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 53.06 | |
| TEMA (21): | 2.42 | |
| Williams %R (14): | -19.44 | |
| Chande Momentum Oscillator (20): | 0.12 | |
| Repulse (5,40,3): | 12.8600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3000 | |
| Courbe Coppock: | 22.41 |
| MA7: | 2.33 | |
| MA20: | 2.24 | |
| MA50: | 2.17 | |
| MA100: | 2.15 | |
| MAexp7: | 2.38 | |
| MAexp20: | 2.27 | |
| MAexp50: | 2.21 | |
| MAexp100: | 2.19 | |
| Price / MA7: | +14.16% | |
| Price / MA20: | +18.75% | |
| Price / MA50: | +22.58% | |
| Price / MA100: | +23.72% | |
| Price / MAexp7: | +11.76% | |
| Price / MAexp20: | +17.18% | |
| Price / MAexp50: | +20.36% | |
| Price / MAexp100: | +21.46% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on BIONANO GENOMICS INC. at the time of the generation of this analysis was as follows:
- Bionano Genomics Appoints Donna Polizio as Its First Ever Global Head of Market Access
- Bionano Genomics Reports Third Quarter 2022 Financial Results and Highlights Recent Business Progress
- Bionano Genomics Announces Extensive Lineup of Content at Association for Molecular Pathology (AMP) Annual Meeting Featuring OGM Utility Across Broad Range of Research Applications
- Bionano Genomics to Report Third Quarter 2022 Financial Results and Host a Conference Call and Webcast on November 3, 2022
- Hamilton and Bionano Genomics Announce Commercial Availability of World’s First Ultra High Molecular Weight DNA Extraction Automation Solution for OGM
This member declared not having a position on this financial instrument or a related financial instrument.
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