BeiGene, Ltd. ($BGNE) And Tyme Technologies, Inc. ($TYME) Square Off

2019-08-20 | Welcome! Today we compared how two different stocks in the Major Pharmaceuticals industry are trading: BeiGene, Ltd. and Tyme Technologies, Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, BeiGene, Ltd. opened at 141.51, got to a maximum price of 144.53 and dropped to as low as 139.5 before finishing the session at 143.76. In total there were 246200 shares traded, which is enough to conduct our analysis. Compare that now to Tyme Technologies, Inc., which opened at 1.01, had a high of 1.039, a low of 0.99, closed at 1.03 and had a total volume of 381500.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator BeiGene, Ltd. Tyme Technologies, Inc.
Accumulation-distribution index 476.31265 8.59355
on-balance volume -141.19 -1.0
chaikin money flow

2.33113 2.37931
force index

27.7425 0.0006
ease of movement rating

0.04731 0.00016
volume-price trend

16.11774 -0.22744
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator BeiGene, Ltd. Tyme Technologies, Inc.
Average true range 3.06945 0.08295
Bolinger bands 140.23137 1.00828
Upper bollinger band 137.96863 0.95172
Lower bollinger band

139.5 0.99
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

141.84667 1.013
High band keltner channel

138.82667 0.984
Low band keltner channel

144.86667 1.042
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

139.5 0.99
Donchain channel low band

139.5 0.99
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator BeiGene, Ltd. Tyme Technologies, Inc.
Moving Average Convergence Divergence (MACD) trend_macd -0.00045
MACD signal -0.00997 -0.00025
MACD difference -0.00798 -0.0002
fast Exponential Moving Average (EMA) indicator

139.5 0.99
slow Exponential Moving Average (EMA) indicator

139.5 0.99
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.30163 0.01334

9.98304 -14.11951
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

-66.66667 -66.66667
Detrended Price Oscillator (DPO)

-14.02902 0.29364
KST Oscillator (KST)

111.81087 -228.75753
KST Oscillator (KST Signal)

111.81087 -228.75753
KST difference

-1.59399 -3.89516
Ichimoku rating

143.02 1.0245
Ichimoku B rating

143.02 1.0245
Ichimoku visual trend A

129.79093 1.3285
Ichimoku visual trend B

131.31754 1.26139
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator BeiGene, Ltd. Tyme Technologies, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 33.23972
True Strength Index (TSI) 100.0 -100.0
ultimate oscillator

87.46806 -20.02919
stochastic oscillator

166.55629 168.96552
stochastic oscillator signal

166.55629 168.96552
Williams %R rating

66.55629 68.96552
awesome oscillator

-0.93983 -0.00062

RETURNS: That’s all for technical analysis. Now let’s just list the returns for BeiGene, Ltd. and Tyme Technologies, Inc..

Daily return 11.18109 -22.87575
Daily log return -0.57513 -2.04089
Cumulative return -0.57348 -2.0202

So there you have it: our deep, grueling analysis comparing BeiGene, Ltd. and Tyme Technologies, Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s BeiGene, Ltd.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether BGNE is strong or weak. Again – this is not a reliable indication of whether BeiGene, Ltd. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Tyme Technologies, Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.
Gary Ivenchuck

Leave a Reply

Your email address will not be published. Required fields are marked *