NEUROBO PHARMACEUTICALS INC (NRBO) Stock Technical Analysis
USA - NASDAQ:NRBO - US64132R4048 - Common Stock
Taking everything into account, NRBO scores 0 out of 10 in our technical rating. NRBO'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.
NRBO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.34
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.41 to 2.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 2.50 to 2.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.69 from a trend line in the weekly time frame.
- Resistance @4.95 from a horizontal 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 NRBO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NRBO is down. |
| ChartMill Relative Strength | 7.09 | NEGATIVE | NRBO has a low relative strength, it was outperformed by 92.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NRBO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NRBO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NRBO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.85 | NEUTRAL | The RSI value for NRBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NRBO has a positive trend. |
| Stochastics (14,3) | 24.34 | NEUTRAL | The Stochastics value for NRBO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.4 | HIGH VOLATILITY | The high ATR as a percentage value for NRBO suggests high volalility. |
| Average Directional Index/ADX (14) | 9.61 | NEGATIVE | The low ADX value for NRBO suggests a weak or negative trend. |
NASDAQ:NRBO (11/27/2024, 8:56:43 PM)
2.36
+0.01 (+0.43%)
NEUROBO PHARMACEUTICALS INC / NRBO FAQ
Can you provide the ChartMill technical rating for NEUROBO PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 0 / 10 to NRBO.
What is the trend direction for NRBO stock?
The current trend direction for NEUROBO PHARMACEUTICALS INC (NRBO) is Bearish.
What is the RSI signal for NEUROBO PHARMACEUTICALS INC (NRBO) stock?
NEUROBO PHARMACEUTICALS INC (NRBO) has an RSI value of 40.8466. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEUROBO PHARMACEUTICALS INC?
The MACD indicator for NEUROBO PHARMACEUTICALS INC (NRBO) has a value of 0.00379127, indicating a bearish trend.
What are the support and resistance levels for NEUROBO PHARMACEUTICALS INC (NRBO) stock?
NEUROBO PHARMACEUTICALS INC (NRBO) has a resistance level at 2.41. Check the full technical report for our detailed analysis of NRBO support and resistance levels.