BNKL

Bionik Laboratories Corp Shares Close the Week 76.5% Higher - Weekly Wrap

Bionik Laboratories Corp (BNKL) shares closed this week 76.5% higher than it did at the end of last week. The stock is currently up 95.1% year-to-date, up 92.0% over the past 12 months, and up 220.0% over the past five years. This week, the Dow Jones Industrial Average rose 2.8%, and the S&P 500 rose 2.2%.

Trading Activity

  • Shares traded as high as $2.42 and as low as $1.32 this week.
  • Trading volume this week was 66.2% higher than the 10-day average and 111.8% higher than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and beats it on a 5-year basis

Per Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 331.0%
  • The company's stock price performance over the past 12 months beats the peer average by 40.5%


This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.