NEUROBO PHARMACEUTICALS INC (NRBO)

US64132R4048 - Common Stock

4.15  +0.06 (+1.34%)

After market: 4.0644 -0.09 (-2.06%)

Technical Rating and Analysis

4

Taking everything into account, NRBO scores 4 out of 10 in our technical rating. Although NRBO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month NRBO has a been trading in the 4.00 - 5.16 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
NRBO is one of the better performing stocks in the Biotechnology industry, it outperforms 70% of 577 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that NRBO is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this relatively good performance is mostly due to a recent big move.
NRBO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NRBO is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
NRBO Weekly chart
NRBO Daily chart
Setup Rating and Analysis

7

NRBO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 4.08, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

3.01

4.88

When analyzing the support we can see 3 important areas.

  • Support @4.08 from a horizontal line in the daily time frame.
  • A support zone ranging from 3.80 to 3.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 3.04 to 3.07. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • Resistance @4.83 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.65
Mansfield-0.95
10 Day High5.16
10 Day Low4
20 Day High5.16
20 Day Low4
52 Week High6.75
52 Week Low2.9
Performance
1 Week-7.98%
2 Weeks-17%
1 Month-13.54%
3 Month32.17%
6 Month35.18%
12 Month0.73%
2 Year-95.9%
3 Year-99.47%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)41.76
LBB3.93
UBB5.11
NRBO Daily chart

NEUROBO PHARMACEUTICALS INC

NASDAQ:NRBO (7/26/2024, 7:00:01 PM)

After market: 4.0644 -0.09 (-2.06%)

4.15

+0.06 (+1.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.34%
1 Week-7.98%
2 Weeks-17%
1 Month-13.54%
3 Month32.17%
6 Month35.18%
12 Month0.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.36
ATR(20)%8.86%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.16
10 Day Low4
20 Day High5.16
20 Day Low4
52 Week High6.75
52 Week Low2.9
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume14.50K
Volume Incr-74.4%
Vol(5)27.61K
Vol(50)70.05K