NEUBASE THERAPEUTICS INC (NBSE) Stock Technical Analysis
NASDAQ:NBSE - Nasdaq - US64132K2015 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to NBSE. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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 one of the lesser performing stocks in the Biotechnology industry. 85% of 557 stocks in the same industry do better.
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.
Although the technical rating is bad, NBSE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.37
0.73
4 important resistance areas can be observed.
- 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.378
-0.01 (-3.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.2%
1 Week-6.67%
2 Weeks-14.01%
1 Month-13.84%
3 Month-44.41%
6 Month-43.95%
12 Month-90.27%
2 Year-98.15%
3 Year-99.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%8.22%
ATR Inc-9.18%
Range Today0.03
ADR(20)0.03
ADR(20)%7.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.76
Mansfield-7.1
10 Day High0.44
10 Day Low0.36
20 Day High0.47
20 Day Low0.36
52 Week High4.8
52 Week Low0.36
CS1 EndN/A
CR1 Start0.42
Volume & EV
DER(3)-11.4%
DER(5)-7.54%
Volume97.70K
Volume Incr0.56%
Vol(5)81.32K
Vol(50)150.64K