NEUROBO PHARMACEUTICALS INC (NRBO) Technical Analysis
NASDAQ:NRBO • US64132R4048
Current stock price
NRBO Technical Rating and Analysis
Overall NRBO gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, NRBO is a bad performer in the overall market: 93% of all stocks are doing better.
- NRBO is one of the lesser performing stocks in the Biotechnology industry. 78% of 516 stocks in the same industry do better.
- NRBO 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.
- In the last month NRBO has a been trading in the 2.18 - 2.99 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
NRBO Weekly and Daily overview Charts
NRBO Setup Rating and Analysis
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
NRBO Support and Resistance Analysis
2.34
4 important resistance areas can be observed.
- 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.
NRBO Technical Indicator Signal Analysis
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. |
NRBO Chart- and CandleStick Pattern Analysis
NRBO Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:NRBO (11/27/2024, 8:56:43 PM)
2.36
+0.01 (+0.43%)
NEUROBO PHARMACEUTICALS INC / NRBO TA 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 current trend direction of NEUROBO PHARMACEUTICALS INC (NRBO) stock?
The current trend direction for NEUROBO PHARMACEUTICALS INC (NRBO) is Bearish.
Can you provide the RSI signal for NEUROBO PHARMACEUTICALS INC?
NEUROBO PHARMACEUTICALS INC (NRBO) has an RSI value of 40.8466. This indicates that the stock is currently neutral.
What is the MACD signal for NRBO stock?
The MACD indicator for NEUROBO PHARMACEUTICALS INC (NRBO) has a value of 0.00379127, indicating a bearish trend.
What is the buy/sell signal for NRBO stock?
The buy/sell signal for NEUROBO PHARMACEUTICALS INC (NRBO) is sell as both the short term and long term trends are negative.