We assign a technical rating of 1 out of 10 to NEUP. NEUP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 85% of all other stocks performed better in the past year than NEUP.
- NEUP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- NEUP is part of the Biotechnology industry. There are 525 other stocks in this industry, NEUP did better than 40% of them.
- In the last month NEUP has a been trading in the 3.65 - 4.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, NEUP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 4.19, a Stop Loss order could be placed below this zone.
More info and screens
3.67
2 important support areas can be observed.
- A support zone ranging from 4.09 to 4.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.71 to 3.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @4.20 from a horizontal line in the weekly time frame.
- Resistance @4.61 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 NEUP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEUP is neutral. |
| ChartMill Relative Strength | 15.84 | NEGATIVE | NEUP has a low relative strength, it was outperformed by 84.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEUP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NEUP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NEUP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.34 | NEUTRAL | The RSI value for NEUP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests NEUP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.2 | NEUTRAL | The Stochastics value for NEUP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for NEUP suggests some volalility. |
| Average Directional Index/ADX (14) | 18.65 | NEGATIVE | The low ADX value for NEUP suggests a weak or negative trend. |
4.19
+0.02 (+0.48%)
NEUPHORIA THERAPEUTICS INC / NEUP FAQ
What is the technical rating for NEUP stock?
ChartMill assigns a technical rating of 1 / 10 to NEUP.
What is the current trend direction of NEUPHORIA THERAPEUTICS INC (NEUP) stock?
The current trend direction for NEUPHORIA THERAPEUTICS INC (NEUP) is Bearish.
Can you provide the RSI signal for NEUPHORIA THERAPEUTICS INC?
NEUPHORIA THERAPEUTICS INC (NEUP) has an RSI value of 51.3446. This indicates that the stock is currently neutral.
What is the MACD signal for NEUP stock?
The MACD indicator for NEUPHORIA THERAPEUTICS INC (NEUP) has a value of 0.0651011, indicating a bearish trend.