Stock Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
BioNTech SE - American Depositary Shares (NASDAQ:BNTX)
Sidelines Mode (-55) - BNTX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BNTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BNTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BNTX
The long-term trend has been DOWN since Oct 16th, 2023 at 95.50
The intermediate-term trend has been DOWN since Dec 1st, 2023 at 95.29
The short-term trend has been UP since Dec 6th, 2023 at 99.93
Smart Scan Analysis for BNTX
Based on our trend formula, BNTX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||188.985||52wk High Date||2022-12-15|
|52wk Low||88.0001||52wk Low Date||2023-10-23|