BIONANO GENOMICS INC. - Daily - Technical analysis published on 11/16/2022 (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 2.73 USD
My targets
3.27 USD (+16.48%)
3.62 USD (+28.83%)
My analysis
BIONANO GENOMICS INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2.73 USD. The next resistance located at 3.27 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 3.62 USD. After this resistance, buyers could then target 5.05 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. 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 2.81 USD. The price has increased by +0.72% since the last closing and was between 2.80 USD and 3.01 USD. This implies that the price is at +0.36% from its lowest and at -6.64% from its highest.2.80
3.01
2.81
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
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
Technical analysis of BIONANO GENOMICS INC. in Daily shows a strongly overall 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 17 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 1.80 | 2.54 | 2.73 | 2.81 | 3.62 | 5.05 | 8.40 |
| Change (%) | -35.94% | -9.61% | -2.85% | - | +28.83% | +79.72% | +198.93% |
| Change | -1.01 | -0.27 | -0.08 | - | +0.81 | +2.24 | +5.59 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.53 | 2.66 | 2.74 | 2.87 | 2.95 | 3.08 | 3.16 |
| Camarilla | 2.75 | 2.77 | 2.79 | 2.81 | 2.83 | 2.85 | 2.87 |
| Woodie | 2.50 | 2.65 | 2.71 | 2.86 | 2.92 | 3.07 | 3.13 |
| Fibonacci | 2.66 | 2.74 | 2.79 | 2.87 | 2.95 | 3.00 | 3.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.59 | 1.86 | 2.26 | 2.53 | 2.93 | 3.20 | 3.60 |
| Camarilla | 2.48 | 2.54 | 2.60 | 2.66 | 2.72 | 2.78 | 2.84 |
| Woodie | 1.66 | 1.89 | 2.33 | 2.56 | 3.00 | 3.23 | 3.67 |
| Fibonacci | 1.86 | 2.12 | 2.27 | 2.53 | 2.79 | 2.94 | 3.20 |
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): | 65.31 | |
| MACD (12,26,9): | 0.1300 | |
| Directional Movement: | 24.78 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 2.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.17 | |
| Elder Ray (13): | 0.47 | |
| Super Trend (3,10): | 2.14 | |
| Zig ZAG (10): | 2.81 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 81.56 | |
| TEMA (21): | 2.63 | |
| Williams %R (14): | -22.73 | |
| Chande Momentum Oscillator (20): | 0.53 | |
| Repulse (5,40,3): | 5.7600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4700 | |
| Courbe Coppock: | 27.46 |
| MA7: | 2.47 | |
| MA20: | 2.31 | |
| MA50: | 2.19 | |
| MA100: | 2.18 | |
| MAexp7: | 2.56 | |
| MAexp20: | 2.37 | |
| MAexp50: | 2.26 | |
| MAexp100: | 2.21 | |
| Price / MA7: | +13.77% | |
| Price / MA20: | +21.65% | |
| Price / MA50: | +28.31% | |
| Price / MA100: | +28.90% | |
| Price / MAexp7: | +9.77% | |
| Price / MAexp20: | +18.57% | |
| Price / MAexp50: | +24.34% | |
| Price / MAexp100: | +27.15% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on BIONANO GENOMICS INC. at the time of the analysis were 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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