TUHURA BIOSCIENCES INC (HURA) Technical Analysis
NASDAQ:HURA • US8989201038
Current stock price
HURA Technical Rating and Analysis
Overall HURA gets a technical rating of 3 out of 10. HURA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- HURA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HURA is lagging the market.
- In the last month HURA has a been trading in the 1.27 - 2.25 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.
- HURA has an average volume of 2024730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Looking at the yearly performance, HURA did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- HURA is part of the Biotechnology industry. There are 517 other stocks in this industry, HURA did better than 51% of them.
- Considerably lower volume is observed in the last couple of days.
HURA Weekly and Daily overview Charts
HURA Setup Rating and Analysis
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.
More info and screens
HURA Support and Resistance Analysis
1.39
When analyzing the support we notice one important area.
- A support zone ranging from 1.40 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.72 to 1.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.78 from a trend line in the weekly time frame.
- Resistance @1.86 from a trend line in the daily time frame.
- Resistance @1.98 from a trend line in the daily time frame.
- Resistance @2.09 from a horizontal line in the daily time frame.
HURA 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 | NEUTRAL | NEUTRAL | The long term trend for HURA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HURA is down. |
| ChartMill Relative Strength | 71.61 | POSITIVE | HURA has a high relative strength, it outperformed 71.61% 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) | UP | POSITIVE | The current price of HURA is above the rising 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) | 42.48 | NEUTRAL | The RSI value for HURA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests HURA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.4 | OVERSOLD | The low Stochastics value suggests HURA may be oversold. |
| Average True Range in percent/ATR (20) | 14.63 | HIGH VOLATILITY | The high ATR as a percentage value for HURA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.51 | POSITIVE | The high ADX value value for HURA suggests a strong trend. |
HURA Chart- and CandleStick Pattern Analysis
HURA Technicals: Chart, Performance Metrics, Trend & Indicators
1.475
+0.03 (+1.72%)
TUHURA BIOSCIENCES INC / HURA TA FAQ
What is the technical rating for HURA stock?
ChartMill assigns a technical rating of 3 / 10 to HURA.
What is the trend direction for HURA stock?
The current trend direction for TUHURA BIOSCIENCES INC (HURA) is Bearish.
What is the RSI signal for HURA stock?
TUHURA BIOSCIENCES INC (HURA) has an RSI value of 42.4771. This indicates that the stock is currently neutral.
What is the short term momentum for HURA stock?
The short term momentum for TUHURA BIOSCIENCES INC (HURA) is negative.