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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Biolase, Inc. (NASDAQ:BIOL)

Long-Term Downtrend (-90) - BIOL is in a strong downtrend that is likely to continue. While BIOL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BIOL?

MarketClub looks at technical strength and momentum to determine if the timing is right for BIOL.

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NASDAQ_BIOL
Open High Low BIOL Price Change
0.14130 0.14130 0.13250 0.13695 +0.00095
Entry Signal

MarketClub’s Trade Triangles for BIOL

long term down The long-term trend has been DOWN since Sep 6th, 2022 at 3.5898

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.1400

short term down The short-term trend has been DOWN since Apr 5th, 2024 at 0.1675

Smart Scan Analysis for BIOL

Based on our trend formula, BIOL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BIOL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14130 0.14130 0.13250 0.13695 +0.00095
Prev. Close Volume Bid Ask Time
0.13600 774599 2024-04-16 15:58:24
Year High2.98Year High Date2018-05-11
Year Low1.141Year Low Date2018-05-18
52wk High47.152wk High Date2023-04-19
52wk Low0.125152wk Low Date2024-03-08
Year End Close1.85Average Volume10,722,257
Shares Outstanding32,523Short Interest1,943,865
% Institutional29.5Market Cap21M
Assets35,101,000MLiabilities33,145,000M
P/E Ratio-0.01930000Beta2.32
Volatility53.46
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