EPIX Technical Analysis - ESSA PHARMA INC

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to EPIX. EPIX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

100% of all other stocks performed better in the past year than EPIX.

EPIX is one of the lesser performing stocks in the Biotechnology industry. 92% of 536 stocks in the same industry do better.

EPIX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month EPIX has a been trading in the 0.18 - 0.25 range, which is quite wide. It is currently trading near the lows of this range.

EPIX has an average volume of 7916600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ESSA PHARMA INC / EPIX Weekly stock chart

ESSA PHARMA INC / EPIX Daily stock chart

Setup Rating and Analysis

EPIX has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.19

0.20

We found 1 important resistance area.

A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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Support and Resistance indicators

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The long term trend for EPIX is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for EPIX is down.
ChartMill Relative Strength	0.12	NEGATIVE	EPIX has a low relative strength, it was outperformed by 99.88% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of EPIX is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of EPIX is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of EPIX is below a declining SMA(200).
Relative Strength Index/RSI (14)	9.59	OVERSOLD	The low RSI value suggests EPIX may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.06	POSITIVE	The MACD value suggests EPIX has a positive trend, although the MACD value is declining.
Stochastics (14,3)	29.25	NEUTRAL	The Stochastics value for EPIX is a neutral value.
Average True Range in percent/ATR (20)	7.49	HIGH VOLATILITY	The high ATR as a percentage value for EPIX suggests high volalility.
Average Directional Index/ADX (14)	78.78	POSITIVE	The high ADX value value for EPIX suggests a strong trend.