Technical Analysis for BPMC - Blueprint Medicines Corporation

Grade Last Price % Change Price Change
B 107.47 -0.99% -1.08
BPMC closed up 2.16 percent on Tuesday, May 7, 2024, on approximately normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish -0.99%
Upper Bollinger Band Walk Strength -0.99%
Outside Day Range Expansion -0.99%
Wide Bands Range Expansion -0.99%
Above Upper BB Strength -0.99%
Overbought Stochastic Strength -0.99%
Upper Bollinger Band Touch Strength -0.99%
Slingshot Bullish Bullish Swing Setup 1.15%
Calm After Storm Range Contraction 1.15%
Upper Bollinger Band Walk Strength 1.15%

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Profile

Blueprint Medicines Corporation Description

Blueprint Medicines Corporation, a biopharmaceutical company, focuses on the development of the highly selective kinase inhibitors for genomically defined cancer subsets. The company's lead drug candidates include BLU-285, which targets KIT Exon 17 and PDGFRa D842V, abnormally active receptor tyrosine kinase mutants for patients with systemic mastocytosis, a myeloproliferative disorder of the mast cells, and defined subsets of patients with gastrointestinal stromal tumor, as well as targets the KIT D816V mutation; and BLU-554, an orally available, potent, selective, and irreversible inhibitor, which targets FGFR4. It is also developing a drug candidate to target RET, a receptor tyrosine kinase that can becomes abnormally activated when a portion of the gene that encodes RET is joined to part of another gene; and RET resistant mutants that would arise from treatment with first generation therapies, as well as a program that targets rare genetic diseases. The company has a research, development, and commercialization agreement with Alexion Pharma Holding to research, develop, and commercialize drug candidates for an undisclosed activated kinase target, which is the cause of a rare genetic disease. The company was formerly known as Hoyle Pharmaceuticals, Inc. and changed its name to Blueprint Medicines Corporation in June 2011. Blueprint Medicines Corporation was founded in 2008 and is based in Cambridge, Massachusetts.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biopharmaceutical Cancer Gastrointestinal Cell Biology Protein Kinase Inhibitor Tyrosine Kinase Receptors Tyrosine Kinase Genetic Diseases Cell Signaling Fibroblast Growth Factor Receptor Rare Genetic Disease Rare Genetic Diseases Mastocytosis Systemic Mastocytosis Gastrointestinal Stromal Tumor Mast Cell Receptor Tyrosine Kinase

Is BPMC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 110.93
52 Week Low 43.89
Average Volume 772,725
200-Day Moving Average 71.86
50-Day Moving Average 92.27
20-Day Moving Average 93.63
10-Day Moving Average 98.43
Average True Range 4.97
RSI (14) 72.53
ADX 19.37
+DI 32.85
-DI 15.48
Chandelier Exit (Long, 3 ATRs) 96.02
Chandelier Exit (Short, 3 ATRs) 99.24
Upper Bollinger Bands 108.12
Lower Bollinger Band 79.14
Percent B (%b) 1.01
BandWidth 30.95
MACD Line 4.11
MACD Signal Line 2.11
MACD Histogram 2.0015
Fundamentals Value
Market Cap 6.6 Billion
Num Shares 60.8 Million
EPS -9.20
Price-to-Earnings (P/E) Ratio -11.80
Price-to-Sales 21.64
Price-to-Book 22.97
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 117.70
Resistance 3 (R3) 116.97 113.19 116.18
Resistance 2 (R2) 113.19 110.86 113.56 115.67
Resistance 1 (R1) 110.87 109.42 112.03 111.60 115.16
Pivot Point 107.09 107.09 107.67 107.46 107.09
Support 1 (S1) 104.77 104.76 105.93 105.50 101.94
Support 2 (S2) 100.99 103.32 101.36 101.43
Support 3 (S3) 98.67 100.99 100.93
Support 4 (S4) 99.40