Taking everything into account, HURA scores 0 out of 10 in our technical rating. HURA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of HURA is bad and it also does not present a 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.
0.74
When analyzing the resistance we notice one important area.
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 HURA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HURA is down. |
| ChartMill Relative Strength | 1.31 | NEGATIVE | HURA has a low relative strength, it was outperformed by 98.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HURA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HURA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HURA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27 | OVERSOLD | The low RSI value suggests HURA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HURA has a positive trend. |
| Stochastics (14,3) | 12.35 | OVERSOLD | The low Stochastics value suggests HURA may be oversold. |
| Average True Range in percent/ATR (20) | 17.33 | HIGH VOLATILITY | The high ATR as a percentage value for HURA suggests high volalility. |
| Average Directional Index/ADX (14) | 54.21 | POSITIVE | The high ADX value value for HURA suggests a strong trend. |
0.7471
+0.02 (+2.93%)
ChartMill assigns a technical rating of 0 / 10 to HURA.
The current trend direction for TUHURA BIOSCIENCES INC (HURA) is Bearish.
TUHURA BIOSCIENCES INC (HURA) has an RSI value of 27.0023. This indicates that the stock is currently oversold.
The buy/sell signal for TUHURA BIOSCIENCES INC (HURA) is sell as both the short term and long term trends are negative.
TUHURA BIOSCIENCES INC (HURA) has a resistance level at 0.76. Check the full technical report for our detailed analysis of HURA support and resistance levels.