We assign a technical rating of 1 out of 10 to ERYP. ERYP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 87% of all other stocks performed better in the past year than ERYP.
- ERYP is part of the Biotechnology industry. There are 524 other stocks in this industry, of which 63% are performing better than ERYP.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- ERYP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ERYP is lagging the market.
- In the last month ERYP has a been trading in the 0.71 - 0.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ERYP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.70, a Stop Loss order could be placed below this zone.
More info and screens
0.68
We found 1 important support area.
- A support zone ranging from 0.69 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 0.81 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.86 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.88 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.98 from a horizontal line in the weekly time frame.
- Resistance @1.12 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for ERYP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ERYP is neutral. |
| ChartMill Relative Strength | 13.29 | NEGATIVE | ERYP has a low relative strength, it was outperformed by 86.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ERYP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ERYP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ERYP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.5 | NEUTRAL | The RSI value for ERYP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ERYP has a negative trend. |
| Stochastics (14,3) | 38.62 | NEUTRAL | The Stochastics value for ERYP is a neutral value. |
| Average True Range in percent/ATR (20) | 9.63 | HIGH VOLATILITY | The high ATR as a percentage value for ERYP suggests high volalility. |
| Average Directional Index/ADX (14) | 12.23 | NEGATIVE | The low ADX value for ERYP suggests a weak or negative trend. |
NASDAQ:ERYP (6/28/2023, 8:00:02 PM)
0.78
0 (0%)
ERYTECH PHARMA - SPON ADR / ERYP FAQ
What is the ChartMill technical rating of ERYTECH PHARMA - SPON ADR (ERYP) stock?
ChartMill assigns a technical rating of 1 / 10 to ERYP.
What is the trend direction for ERYP stock?
The current trend direction for ERYTECH PHARMA - SPON ADR (ERYP) is Bearish.
Can you provide the RSI signal for ERYTECH PHARMA - SPON ADR?
ERYTECH PHARMA - SPON ADR (ERYP) has an RSI value of 42.5031. This indicates that the stock is currently neutral.
What is the MACD signal for ERYP stock?
The MACD indicator for ERYTECH PHARMA - SPON ADR (ERYP) has a value of -0.0030562, indicating a bearish trend.
Can you provide the support and resistance levels for ERYTECH PHARMA - SPON ADR?
ERYTECH PHARMA - SPON ADR (ERYP) has a support level at 0.7 and a resistance level at 0.81. Check the full technical report for our detailed analysis of ERYP support and resistance levels.