EYPT Technical Analysis - EYEPOINT PHARMACEUTICALS INC

Technical Rating and Analysis

Taking everything into account, EYPT scores 5 out of 10 in our technical rating. EYPT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

In the last month EYPT has a been trading in the 11.18 - 14.91 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

EYPT has an average volume of 1038560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.

When compared to the yearly performance of all other stocks, EYPT outperforms 67% of them, which is more or less in line with the market.

EYPT is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, EYPT did better than 62% of them.

EYPT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EYPT is lagging the market.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

EYEPOINT PHARMACEUTICALS INC / EYPT Weekly stock chart

EYEPOINT PHARMACEUTICALS INC / EYPT Daily stock chart

Setup Rating and Analysis

EYPT has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

11.42

14.33

We found 1 important support area.

A support zone ranging from 11.54 to 11.62. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

Resistance @14.19 from a horizontal line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	UP	POSITIVE	The long term trend for EYPT is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for EYPT is down.
ChartMill Relative Strength	67.56	NEUTRAL	EYPT is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of EYPT is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of EYPT is below the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of EYPT is above the rising SMA(200).
Relative Strength Index/RSI (14)	37.31	NEUTRAL	The RSI value for EYPT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.32	NEGATIVE	The MACD value suggests EYPT has a negative trend.
Stochastics (14,3)	11.13	OVERSOLD	The low Stochastics value suggests EYPT may be oversold.
Average True Range in percent/ATR (20)	7.98	HIGH VOLATILITY	The high ATR as a percentage value for EYPT suggests high volalility.
Average Directional Index/ADX (14)	27.35	POSITIVE	The high ADX value value for EYPT suggests a strong trend.