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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BIOL
The long-term trend has been DOWN since Sep 6th, 2022 at 3.5898
The intermediate-term trend has been DOWN since Jun 5th, 2024 at 0.1469
The short-term trend has been DOWN since Jul 5th, 2024 at 0.0910
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.066 | 0.078 | 0.066 | 0.078 | +0.012 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.066 | 64423 | 2024-07-26 15:58:36 |
| Year High | 2.98 | Year High Date | 2018-05-11 |
| Year Low | 1.141 | Year Low Date | 2018-05-18 |
| 52wk High | 0.135 | 52wk High Date | 2024-06-28 |
| 52wk Low | 0.0627 | 52wk Low Date | 2024-07-19 |
| Year End Close | 1.85 | Average Volume | 245,955 |
| Shares Outstanding | 33,395 | Short Interest | 1,943,865 |
| % Institutional | 29.5 | Market Cap | 21M |
| Assets | 34,353,000M | Liabilities | 34,084,000M |
| P/E Ratio | -0.00390000 | Beta | 2.32 |
| Volatility | 53.46 |