Taking everything into account, GRPH scores 7 out of 10 in our technical rating. 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 is part of the Biotechnology industry. There are 525 other stocks in this industry. GRPH outperforms 70% of them.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, GRPH did better than 88% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- GRPH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GRPH is lagging the market.
- In the last month GRPH has a been trading in the 2.57 - 4.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, GRPH also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.06, a Stop Loss order could be placed below this zone.
More info and screens
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.
We found 1 important resistance 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.
Can you provide the trend direction for GRAPHITE BIO INC?
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.
Can you provide the MACD signal for GRAPHITE BIO INC?
The MACD indicator for GRAPHITE BIO INC (GRPH) has a value of -0.0360648, indicating a bearish trend.