Londinia Opportunities Analyses - 11/12/2024 (GMT) BIOLIFE SOLUTIONS INC. - 1H

BIOLIFE SOLUTIONS INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Type: Stocks
Ticker: BLFS
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 26.51 USD
My targets
29.29 USD (+7.13%)
31.22 USD (+14.19%)
My analysis
BIOLIFE SOLUTIONS 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 26.51 USD. The next resistance located at 29.29 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 31.22 USD. After this resistance, buyers could then target 37.86 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.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The BIOLIFE SOLUTIONS INC. rating is 27.34 USD. On the day, this instrument gained +2.78% and was between 26.20 USD and 27.40 USD. This implies that the price is at +4.35% from its lowest and at -0.22% from its highest.

26.20
27.40
27.34

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this BIOLIFE SOLUTIONS 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. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour



In fact, 14 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour



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:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 23.86 25.54 26.51 27.34 27.36 37.86 45.75
Change (%) -12.73% -6.58% -3.04% - +0.07% +38.48% +67.34%
Change -3.48 -1.80 -0.83 - +0.02 +10.52 +18.41
Level Intermediate Major Intermediate - Intermediate Minor Intermediate



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
Standard25.3825.7926.1926.6027.0027.4127.81
Camarilla26.3826.4526.5326.6026.6726.7526.82
Woodie25.3925.7926.2026.6027.0127.4127.82
Fibonacci25.7926.1026.2926.6026.9127.1027.41


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.6922.2724.2025.7827.7129.2931.22
Camarilla25.1725.4925.8126.1326.4526.7727.10
Woodie20.8722.3624.3825.8727.8929.3831.40
Fibonacci22.2723.6124.4425.7827.1227.9529.29


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.7619.5421.4723.2525.1826.9628.89
Camarilla22.3822.7223.0623.4023.7424.0824.42
Woodie17.8419.5821.5523.2925.2627.0028.97
Fibonacci19.5420.9621.8323.2524.6725.5426.96

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 66.97
MACD (12,26,9): 0.2700
Directional Movement: 16.26
AROON (14): 100.00
DEMA (21): 26.84
Parabolic SAR (0,02-0,02-0,2): 27.00
Elder Ray (13): 0.19
Super Trend (3,10): 25.64
Zig ZAG (10): 27.29
VORTEX (21): 0.9400
Stochastique (14,3,5): 70.57
TEMA (21): 26.71
Williams %R (14): -12.51
Chande Momentum Oscillator (20): 1.21
Repulse (5,40,3): 3.0700
ROCnROLL: 1
TRIX (15,9): 0.1300
Courbe Coppock: 4.15
MA7: 26.30
MA20: 24.15
MA50: 24.14
MA100: 23.61
MAexp7: 26.70
MAexp20: 26.45
MAexp50: 25.78
MAexp100: 24.96
Price / MA7: +3.95%
Price / MA20: +13.21%
Price / MA50: +13.26%
Price / MA100: +15.80%
Price / MAexp7: +2.40%
Price / MAexp20: +3.36%
Price / MAexp50: +6.05%
Price / MAexp100: +9.54%

Quotes : - 15 min delayed data - Actions NASDAQ