NEUROGENE INC (NGNE) Stock Technical Analysis
NASDAQ:NGNE - Nasdaq - US64135M1053 - Common Stock - Currency: USD
Taking everything into account, NGNE scores 4 out of 10 in our technical rating. In the past year, NGNE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
88% of all other stocks performed better in the past year than NGNE.
NGNE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NGNE is lagging the market.
In the last month NGNE has a been trading in the 11.77 - 20.39 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
NGNE is part of the Biotechnology industry. There are 560 other stocks in this industry, NGNE did better than 49% of them.
Considerably lower volume is observed in the last couple of days.
NGNE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.00, a Stop Loss order could be placed below this zone.
More info and screens
16.62
19.72
We found 1 important support area.
- A support zone ranging from 16.79 to 17.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 17.94 to 17.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.02 from a trend line in the daily time frame.
- Resistance @19.52 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 NGNE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NGNE is up. |
| ChartMill Relative Strength | 12.28 | NEGATIVE | NGNE has a low relative strength, it was outperformed by 87.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NGNE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NGNE is above 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) | 52.22 | NEUTRAL | The RSI value for NGNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NGNE has a negative trend. |
| Stochastics (14,3) | 61.57 | NEUTRAL | The Stochastics value for NGNE is a neutral value. |
| Average True Range in percent/ATR (20) | 13.09 | HIGH VOLATILITY | The high ATR as a percentage value for NGNE suggests high volalility. |
| Average Directional Index/ADX (14) | 30.47 | POSITIVE | The high ADX value value for NGNE suggests a strong 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)
17.01
-1.73 (-9.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-9.23%
1 Week-5.71%
2 Weeks-12.18%
1 Month10.45%
3 Month-3.84%
6 Month-33.11%
12 Month-54.76%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.2
ATR(20)%13.09%
ATR Inc-17.47%
Range Today1.98
ADR(20)2.18
ADR(20)%12.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.28
Mansfield-4.3
10 Day High20.39
10 Day Low15.68
20 Day High20.39
20 Day Low11.77
52 Week High74.49
52 Week Low6.88
CS1 End17
CR1 Start17.94
Volume & EV
DER(3)1.5%
DER(5)1.82%
Volume228.40K
Volume Incr-33.49%
Vol(5)157.00K
Vol(50)287.26K