TUHURA BIOSCIENCES INC (HURA) Stock Technical Analysis
NASDAQ:HURA • US8989201038
Overall HURA gets a technical rating of 3 out of 10. In the past year, HURA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 95% of all other stocks performed better in the past year than HURA.
- HURA is one of the lesser performing stocks in the Biotechnology industry. 81% of 520 stocks in the same industry do better.
- HURA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- HURA has an average volume of 1794130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month HURA has a been trading in the 0.41 - 1.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
1.10
2 important support areas can be observed.
- A support zone ranging from 1.13 to 1.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.11 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @1.31 from a trend line in the daily time frame.
- Resistance @1.48 from a trend line in the daily time frame.
- Resistance @1.69 from a trend line in the weekly time frame.
- Resistance @1.92 from a trend line in the weekly time frame.
- Resistance @2.61 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The short term trend for HURA is up. |
| ChartMill Relative Strength | 5.18 | NEGATIVE | HURA has a low relative strength, it was outperformed by 94.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HURA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HURA is above 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) | 61.15 | NEUTRAL | The RSI value for HURA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests HURA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.01 | NEUTRAL | The Stochastics value for HURA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.93 | HIGH VOLATILITY | The high ATR as a percentage value for HURA suggests high volalility. |
| Average Directional Index/ADX (14) | 48.31 | POSITIVE | The high ADX value value for HURA suggests a strong trend. |
1.15
+0.04 (+3.6%)
TUHURA BIOSCIENCES INC / HURA 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.
Can you provide the RSI signal for TUHURA BIOSCIENCES INC?
TUHURA BIOSCIENCES INC (HURA) has an RSI value of 61.15. This indicates that the stock is currently neutral.
What is the buy/sell signal for TUHURA BIOSCIENCES INC (HURA) stock?
The buy/sell signal for TUHURA BIOSCIENCES INC (HURA) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for TUHURA BIOSCIENCES INC (HURA) stock?
TUHURA BIOSCIENCES INC (HURA) has a support level at 1.14 and a resistance level at 1.31. Check the full technical report for our detailed analysis of HURA support and resistance levels.