NEUROGENE INC (NGNE) Stock Technical Analysis
NASDAQ:NGNE - US64135M1053 - Common Stock
18.84 USD
-0.86 (-4.34%)
18.84 USD
0 (0%)
We assign a technical rating of 2 out of 10 to NGNE. In the last year, NGNE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, NGNE is a bad performer in the overall market: 90% of all stocks are doing better.
NGNE is part of the Biotechnology industry. There are 547 other stocks in this industry, of which 62% are performing better than NGNE.
NGNE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NGNE has a been trading in the 18.60 - 22.75 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Considerably lower volume is observed in the last couple of days.
NGNE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
16.70
23.53
2 important support areas can be observed.
- A support zone ranging from 18.83 to 18.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.87 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 19.85 to 20.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.48 from a trend line in the daily time frame.
- Resistance @23.30 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 | NEUTRAL | NEUTRAL | The long term trend for NGNE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NGNE is down. |
| ChartMill Relative Strength | 10.46 | NEGATIVE | NGNE has a low relative strength, it was outperformed by 89.54% 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) | DOWN | NEGATIVE | The current price of NGNE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.01 | NEUTRAL | The RSI value for NGNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests NGNE has a negative trend. |
| Stochastics (14,3) | 21.08 | NEUTRAL | The Stochastics value for NGNE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.43 | HIGH VOLATILITY | The high ATR as a percentage value for NGNE suggests high volalility. |
| Average Directional Index/ADX (14) | 14.9 | NEGATIVE | The low ADX value for NGNE suggests a weak or negative 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)
18.84
-0.86 (-4.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.34%
1 Week-4.61%
2 Weeks-6.73%
1 Month-13.46%
3 Month10.76%
6 Month6.5%
12 Month-49.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%6.43%
ATR Inc-13.7%
Range Today1.38
ADR(20)1.2
ADR(20)%6.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.46
Mansfield-3
10 Day High21.5
10 Day Low18.6
20 Day High22.76
20 Day Low18.6
52 Week High74.49
52 Week Low6.88
CS1 End18.83
CR1 Start19.85
Volume & EV
DER(3)-2.94%
DER(5)-0.63%
Volume86.29K
Volume Incr-16.35%
Vol(5)97.98K
Vol(50)158.67K