GRAPHITE BIO INC (GRPH) Stock Technical Analysis
USA - NASDAQ:GRPH - US38870X1046 - Common Stock
Overall GRPH gets a technical rating of 7 out of 10. In the last year, GRPH was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
GRPH has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.06, a Stop Loss order could be placed below this zone.
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2.20
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.96 to 3.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.38 from a trend line in the weekly time frame.
- A support zone ranging from 2.28 to 2.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 2.22 to 2.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.34 to 3.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 GRPH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GRPH is neutral. |
| ChartMill Relative Strength | 88.02 | POSITIVE | GRPH has a high relative strength, it outperformed 88.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GRPH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRPH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRPH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.77 | NEUTRAL | The RSI value for GRPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GRPH has a negative trend. |
| Stochastics (14,3) | 35.7 | NEUTRAL | The Stochastics value for GRPH is a neutral value. |
| Average True Range in percent/ATR (20) | 10.01 | HIGH VOLATILITY | The high ATR as a percentage value for GRPH suggests high volalility. |
| Average Directional Index/ADX (14) | 19.64 | NEGATIVE | The low ADX value for GRPH suggests a weak or negative trend. |
3.18
-0.09 (-2.75%)
GRAPHITE BIO INC / GRPH FAQ
Can you provide the ChartMill technical rating for GRAPHITE BIO INC?
ChartMill assigns a technical rating of 7 / 10 to GRPH.
What is the trend direction for GRPH stock?
The current trend direction for GRAPHITE BIO INC (GRPH) is Bearish.
Can you provide the RSI signal for GRAPHITE BIO INC?
GRAPHITE BIO INC (GRPH) has an RSI value of 49.7737. This indicates that the stock is currently neutral.
What is the MACD signal for GRPH stock?
The MACD indicator for GRAPHITE BIO INC (GRPH) has a value of -0.0360648, indicating a bearish trend.
What are the support and resistance levels for GRAPHITE BIO INC (GRPH) stock?
GRAPHITE BIO INC (GRPH) has a support level at 3.06 and a resistance level at 3.34. Check the full technical report for our detailed analysis of GRPH support and resistance levels.