NEUBASE THERAPEUTICS INC (NBSE) Technical Analysis
NASDAQ:NBSE • US64132K2015
Current stock price
NBSE Technical Rating and Analysis
Taking everything into account, NBSE scores 0 out of 10 in our technical rating. NBSE'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, NBSE is a bad performer in the overall market: 99% of all stocks are doing better.
- NBSE is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 88% are performing better than NBSE.
- NBSE 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 NBSE is lagging the market.
- In the last month NBSE has a been trading in the 0.36 - 0.47 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.
- Considerably lower volume is observed in the last couple of days.
NBSE Weekly and Daily overview Charts
NBSE Setup Rating and Analysis
Although the technical rating is bad, NBSE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
NBSE Support and Resistance Analysis
0.37
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.44 from a horizontal line in the daily time frame.
- Resistance @0.59 from a trend line in the weekly time frame.
- Resistance @0.72 from a trend line in the daily time frame.
NBSE 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 | DOWN | NEGATIVE | The long term trend for NBSE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NBSE is down. |
| ChartMill Relative Strength | 1.76 | NEGATIVE | NBSE has a low relative strength, it was outperformed by 98.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NBSE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NBSE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NBSE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.84 | NEUTRAL | The RSI value for NBSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NBSE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.07 | NEUTRAL | The Stochastics value for NBSE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.22 | HIGH VOLATILITY | The high ATR as a percentage value for NBSE suggests high volalility. |
| Average Directional Index/ADX (14) | 23.01 | NEUTRAL | The ADX value for NBSE suggests a possible start of a new trend. |
NBSE Chart- and CandleStick Pattern Analysis
NBSE Technicals: Chart, Performance Metrics, Trend & Indicators
0.378
-0.01 (-3.2%)
NEUBASE THERAPEUTICS INC / NBSE TA FAQ
What is the ChartMill technical rating of NEUBASE THERAPEUTICS INC (NBSE) stock?
ChartMill assigns a technical rating of 0 / 10 to NBSE.
Can you provide the trend direction for NEUBASE THERAPEUTICS INC?
The current trend direction for NEUBASE THERAPEUTICS INC (NBSE) is Bearish.
Can you provide the RSI signal for NEUBASE THERAPEUTICS INC?
NEUBASE THERAPEUTICS INC (NBSE) has an RSI value of 30.8379. This indicates that the stock is currently neutral.
What is the MACD signal for NBSE stock?
The MACD indicator for NEUBASE THERAPEUTICS INC (NBSE) has a value of 0.00903091, indicating a bearish trend.
What is the buy/sell signal for NBSE stock?
The buy/sell signal for NEUBASE THERAPEUTICS INC (NBSE) is sell as both the short term and long term trends are negative.