We assign a technical rating of 1 out of 10 to NGNE. NGNE'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 technical rating of NGNE 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
17.03
We found 4 important support areas.
- Support @19.60 from a trend line in the daily time frame.
- Support @18.89 from a trend line in the daily time frame.
- Support @18.24 from a trend line in the weekly time frame.
- Support @17.20 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.08 to 21.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.27 from a trend line in the weekly 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 NGNE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NGNE is down. |
| ChartMill Relative Strength | 29.11 | NEGATIVE | NGNE has a low relative strength, it was outperformed by 70.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NGNE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NGNE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NGNE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.02 | NEUTRAL | The RSI value for NGNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NGNE has a positive trend. |
| Stochastics (14,3) | 24.69 | NEUTRAL | The Stochastics value for NGNE is a neutral value. |
| Average True Range in percent/ATR (20) | 10.37 | HIGH VOLATILITY | The high ATR as a percentage value for NGNE suggests high volalility. |
| Average Directional Index/ADX (14) | 25.86 | POSITIVE | The high ADX value value for NGNE suggests a strong trend. |
19.74
-0.85 (-4.13%)
NEUROGENE INC / NGNE FAQ
What is the technical rating for NGNE stock?
ChartMill assigns a technical rating of 1 / 10 to NGNE.
Can you provide the trend direction for NEUROGENE INC?
The current trend direction for NEUROGENE INC (NGNE) is Bearish.
Can you provide the RSI signal for NEUROGENE INC?
NEUROGENE INC (NGNE) has an RSI value of 38.0207. This indicates that the stock is currently neutral.
What is the MACD signal for NEUROGENE INC (NGNE) stock?
The MACD indicator for NEUROGENE INC (NGNE) has a value of 0.0145394, indicating a bearish trend.
What is the buy/sell signal for NEUROGENE INC (NGNE) stock?
The buy/sell signal for NEUROGENE INC (NGNE) is sell as both the short term and long term trends are negative.