BioSig Technologies' 15min chart shows MACD Death Cross, Bollinger Bands Narrowing
AinvestMonday, Jun 9, 2025 2:17 pm ET
1min readBioSig Technologies' 15-minute chart has exhibited a MACD Death Cross and Bollinger Bands Narrowing as of 06/09/2025 at 14:15. This suggests that the stock price has the potential to continue declining, with a decrease in the magnitude of its fluctuations.
BioSig Technologies Inc (BSGM), a medical technology company, has seen significant recent developments that may influence its stock price. On June 4, 2025, the company appointed Sean Roosen as a strategic advisor to its newly acquired subsidiary, Streamex Exchange Corporation. Roosen holds prominent positions as the Founder, Executive Chairman, and CEO of Osisko Development, a gold development company [1].The stock price of BioSig Technologies has exhibited notable technical indicators. As of June 9, 2025, at 14:15, the 15-minute chart showed a MACD Death Cross and Bollinger Bands Narrowing. This suggests that the stock price may continue to decline, with a decrease in the magnitude of its fluctuations [2].
Analysts have provided mixed signals regarding the stock's future performance. Ascendiant Capital raised the price target for BioSig Technologies stock (NASDAQ:BSGM) to $10.00 from $2.50, indicating a significant upgrade [1]. However, the overall consensus recommendation from 1 brokerage firm is currently 2.0, indicating an "Outperform" status, with a high estimate of $2.50 and a low estimate of $2.50 [1].
GuruFocus estimates the GF Value for BioSig Technologies Inc (BSGM) in one year to be $0.29, suggesting a downside of 95.48% from the current price of $6.42 [1]. This estimate is calculated based on historical multiples, past business growth, and future performance estimates.
The stock's current price is $7.630, with a 1-year change of 182.76% [2]. Despite the recent surge, the stock's high volume of trading and significant return over the last week indicate potential volatility and new trends in the market.
References:
[1] https://www.gurufocus.com/news/2907453/biosig-technologies-bsgm-appoints-new-strategic-advisor-bsgm-stock-news
[2] https://www.investing.com/equities/biosig-tech
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