DURECT CORPORATION (DRRX) Stock Technical Analysis
USA - NASDAQ:DRRX - US2666055007 - Common Stock
1.91 USD
-0.02 (-1.04%)
1.94 USD
+0.03 (+1.57%)
Overall DRRX gets a technical rating of 8 out of 10. Both in the recent history as in the last year, DRRX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
DRRX is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 92% of 196 stocks in the same industry.
DRRX has an average volume of 1467000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, DRRX did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
DRRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DRRX is lagging the market.
In the last month DRRX has a been trading in a tight range between 1.86 and 1.97.
Besides having an excellent technical rating, DRRX also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.90, a Stop Loss order could be placed below this zone.
More info and screens
1.87
1.99
We found 1 important support area.
- A support zone ranging from 1.89 to 1.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.92 to 1.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.97 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DRRX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRRX is up. |
| ChartMill Relative Strength | 96.86 | POSITIVE | DRRX has a high relative strength, it outperformed 96.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.28 | NEUTRAL | The RSI value for DRRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DRRX has a negative trend. |
| Stochastics (14,3) | 59.85 | NEUTRAL | The Stochastics value for DRRX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for DRRX suggests low volalility. |
| Average Directional Index/ADX (14) | 72.38 | POSITIVE | The high ADX value value for DRRX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.94 | 1.89 | 0.05 (2.58%) | 25.00% |
| An entry @1.94. This is a Buy Stop order right above the resistance zone. | An exit @1.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 2.58%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.64%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.91
-0.02 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.04%
1 Week-1.55%
2 Weeks-1.04%
1 Month0%
3 Month210.57%
6 Month122.09%
12 Month26.49%
2 Year-23.29%
3 Year-66.97%
5 Year-88.83%
10 Year-90.21%
15 Year-92.48%
Volatility
ATR(14)0.03
ATR(20)%1.75%
ATR Inc21.9%
Range Today0.04
ADR(20)0.03
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.86
Mansfield7.73
10 Day High1.97
10 Day Low1.9
20 Day High1.97
20 Day Low1.86
52 Week High2.64
52 Week Low0.48
CS1 End1.9
CR1 Start1.92
Volume & EV
DER(3)0.9%
DER(5)-2.22%
Volume2.79M
Volume Incr187.76%
Vol(5)1.36M
Vol(50)1.47M