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Biodelivery Sciences International - Barchart's Chart Of The Day

|Includes:BioDelivery Sciences International, Inc. (BDSI)

The Chart of the Day belongs to Biodelivery Sciences International (NASDAQ:BDSI). I found the stock by sorting the All Time High list to find the stocks with the best technical buy signals then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 7/30 the stock gained 16.02%.

BioDelivery Sciences International (BDSI) is a development-stage biotechnology company that is developing and seeking to commercialize a drug delivery technology designed for a potentially broad base of pharmaceuticals, vaccines and over-the-counter drugs. In general, a drug delivery technology refers to any process, substance, or combination thereof, that delivers drugs into the body.

(click to enlarge)Click to enlarge

Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the web site when you read this report.

Barchart technical indicators:

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 24.22% in the last month
  • Relative Strength Index 71.18%
  • Barchart computes a technical support level at 14.51
  • Recently traded at 15.66 with a 50 day moving average of 13.05

Fundamental factors:


  • Market Cap $758.73 million
  • Revenue expected to grow 319.20% this year and another 73.30% next year
  • Earnings estimated to increase 55.60% this year and an additional 114.90% next year
  • Wall Street analysts issued 4 strong buy and 4 buy recommendations on the stock

This stock has gone a long way in a short time so use the 50 day moving average as a caution signal and exit at the 100 day moving average.

Stocks: BDSI