BIONANO GENOMICS INC. - 1H - Technical analysis published on 11/14/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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
78%
0%
22%
My opinion
Bullish above 2.54 USD
My targets
2.73 USD (+2.63%)
2.81 USD (+5.53%)
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 2.81 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
8.4
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Additional analysis
Quotes
The BIONANO GENOMICS INC. rating is 2.66 USD. On the day, this instrument gained +10.37% and was between 2.32 USD and 2.80 USD. This implies that the price is at +14.66% from its lowest and at -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
Here is a more detailed summary of the historical variations registered by BIONANO GENOMICS INC.:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BIONANO GENOMICS INC. in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Black hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.13 | 2.35 | 2.54 | 2.66 | 2.73 | 3.62 | 5.05 |
| Change (%) | -19.92% | -11.65% | -4.51% | - | +2.63% | +36.09% | +89.85% |
| Change | -0.53 | -0.31 | -0.12 | - | +0.07 | +0.96 | +2.39 |
| Level | Intermediate | Minor | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 65.25 | |
| MACD (12,26,9): | 0.1200 | |
| Directional Movement: | 26.67 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 2.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.40 | |
| Elder Ray (13): | 0.09 | |
| Super Trend (3,10): | 2.43 | |
| Zig ZAG (10): | 2.66 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 83.99 | |
| TEMA (21): | 2.71 | |
| Williams %R (14): | -24.14 | |
| Chande Momentum Oscillator (20): | 0.38 | |
| Repulse (5,40,3): | 0.7400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4700 | |
| Courbe Coppock: | 39.18 |
| MA7: | 2.33 | |
| MA20: | 2.24 | |
| MA50: | 2.17 | |
| MA100: | 2.15 | |
| MAexp7: | 2.64 | |
| MAexp20: | 2.48 | |
| MAexp50: | 2.37 | |
| MAexp100: | 2.30 | |
| Price / MA7: | +14.16% | |
| Price / MA20: | +18.75% | |
| Price / MA50: | +22.58% | |
| Price / MA100: | +23.72% | |
| Price / MAexp7: | +0.76% | |
| Price / MAexp20: | +7.26% | |
| Price / MAexp50: | +12.24% | |
| Price / MAexp100: | +15.65% |
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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