LIPELLA PHARMACEUTICALS INC (LIPO) Technical Analysis
NASDAQ:LIPO • US53630L2097
Current stock price
LIPO Technical Rating and Analysis
Overall LIPO gets a technical rating of 3 out of 10. LIPO'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.
- 91% of all other stocks performed better in the past year than LIPO.
- LIPO is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 73% are performing better than LIPO.
- LIPO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LIPO is lagging the market.
- In the last month LIPO has a been trading in the 2.25 - 3.17 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
LIPO Weekly and Daily overview Charts
LIPO Setup Rating and Analysis
The technical rating of LIPO 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
LIPO Support and Resistance Analysis
2.12
When analyzing the support we notice one important area.
- A support zone ranging from 2.14 to 2.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @2.92 from a trend line in the daily time frame.
- Resistance @3.08 from a horizontal line in the daily time frame.
- Resistance @3.96 from a horizontal line in the weekly time frame.
LIPO 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 LIPO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LIPO is neutral. |
| ChartMill Relative Strength | 9.5 | NEGATIVE | LIPO has a low relative strength, it was outperformed by 90.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LIPO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LIPO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LIPO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.37 | NEUTRAL | The RSI value for LIPO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests LIPO has a negative trend. |
| Stochastics (14,3) | 34.74 | NEUTRAL | The Stochastics value for LIPO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.81 | HIGH VOLATILITY | The high ATR as a percentage value for LIPO suggests high volalility. |
| Average Directional Index/ADX (14) | 18.25 | NEGATIVE | The low ADX value for LIPO suggests a weak or negative trend. |
LIPO Chart- and CandleStick Pattern Analysis
LIPO Technicals: Chart, Performance Metrics, Trend & Indicators
2.36
-0.35 (-12.75%)
LIPELLA PHARMACEUTICALS INC / LIPO TA FAQ
What is the technical rating for LIPO stock?
ChartMill assigns a technical rating of 3 / 10 to LIPO.
Can you provide the trend direction for LIPELLA PHARMACEUTICALS INC?
The current trend direction for LIPELLA PHARMACEUTICALS INC (LIPO) is Bearish.
Can you provide the RSI signal for LIPELLA PHARMACEUTICALS INC?
LIPELLA PHARMACEUTICALS INC (LIPO) has an RSI value of 38.374. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LIPELLA PHARMACEUTICALS INC?
The short term momentum for LIPELLA PHARMACEUTICALS INC (LIPO) is neutral.