(BIOL) Biolase Inc complete technical analysis [charts+indicators] | Buy/Sell Biolase Inc | (BIOL) share price targets
Complete technical analysis of Biolase Inc (BIOL) by charts plus indicators, forecast predictions and share price targets for Biolase Inc (BIOL)
Biolase Inc trades in USA in Health Care sector.
Showing technical analysis as on 2024-06-05 View latest technical analysis
10 day averaged volume of Biolase Inc is 3103955
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 0.15 | 0.15 | 0.16 | 0.15 | 0.912 times |
| 04 Tue Jun 2024 | 0.16 | 0.17 | 0.17 | 0.15 | 0.869 times |
| 03 Mon Jun 2024 | 0.17 | 0.17 | 0.17 | 0.16 | 0.888 times |
| 31 Fri May 2024 | 0.17 | 0.18 | 0.18 | 0.17 | 0.788 times |
| 30 Thu May 2024 | 0.19 | 0.18 | 0.20 | 0.17 | 1.178 times |
| 29 Wed May 2024 | 0.18 | 0.17 | 0.18 | 0.16 | 1.192 times |
| 28 Tue May 2024 | 0.17 | 0.17 | 0.18 | 0.16 | 0.377 times |
| 23 Thu May 2024 | 0.16 | 0.18 | 0.19 | 0.16 | 1.126 times |
| 22 Wed May 2024 | 0.19 | 0.16 | 0.20 | 0.16 | 2.029 times |
| 21 Tue May 2024 | 0.16 | 0.16 | 0.16 | 0.15 | 0.778 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.2, but if it comes above 0.2, then a intra day buy could be more profitable.
If you take a sell trade below 0.2, then use 0.2 as stoploss and 0.1 as target. However if you take a buy trade in stock , then use 0.2 as stoploss and 0.17 as target.
Share price targets for Biolase Inc (BIOL)
| Target Type | Value |
| Downside Target | 0.13 |
| Downside Target | 0.14 |
| Downside Target | 0.15 |
| Upside Target | 0.16 |
| Upside Target | 0.17 |
| Upside Target | 0.19 |
| Upside Target | 0.20 |
| Upside Target | 0.21 |
| Upside Target | 0.26 |
| Upside Target | 0.79 |
Intraday share price targets for Biolase Inc (BIOL)
| Target Type | Value |
| Downside Intraday Target | 0.14 |
| Downside Intraday Target | 0.14 |
| Upside Intraday Target | 0.16 |
| Upside Intraday Target | 0.18 |
| Upside Intraday Target | 0.16 |
Weekly technical analysis of Biolase Inc (BIOL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 0.15 | 0.17 | 0.17 | 0.15 | 0.755 times |
| 31 Fri May 2024 | 0.17 | 0.17 | 0.20 | 0.16 | 0.751 times |
| 23 Thu May 2024 | 0.16 | 0.16 | 0.20 | 0.15 | 0.675 times |
| 17 Fri May 2024 | 0.16 | 0.17 | 0.19 | 0.15 | 2.445 times |
| 10 Fri May 2024 | 0.17 | 0.15 | 0.19 | 0.15 | 3.003 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Biolase Inc (BIOL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 0.15 | 0.17 | 0.17 | 0.15 | 0.143 times |
| 31 Fri May 2024 | 0.17 | 0.15 | 0.20 | 0.14 | 1.699 times |
| 30 Tue Apr 2024 | 0.15 | 0.19 | 0.21 | 0.13 | 0.145 times |
| 28 Thu Mar 2024 | 0.19 | 0.14 | 0.26 | 0.13 | 2.574 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Biolase Inc (BIOL)
Price action analysis of Biolase Inc ( (BIOL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Biolase Inc ( (BIOL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Biolase Inc ( (BIOL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Biolase Inc ( (BIOL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Biolase Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Biolase Inc in short term but the buy signal is initial and weak.
Biolase Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Biolase Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Biolase Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 0.17 and Biolase Inc (BIOL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Biolase Inc (BIOL) stock. Volume based technical analysis of Biolase Inc (BIOL) stock is negative.
Biolase Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Biolase Inc ( (BIOL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Biolase Inc ( (BIOL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Biolase Inc ( (BIOL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Biolase Inc ( (BIOL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Biolase Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Biolase Inc in short term but the buy signal is initial and weak.
Biolase Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Biolase Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Biolase Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 0.17 and Biolase Inc (BIOL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Biolase Inc (BIOL) stock. Volume based technical analysis of Biolase Inc (BIOL) stock is negative.
Biolase Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.