NEUROBO PHARMACEUTICALS INC (NRBO) Stock Technical Analysis
NASDAQ:NRBO - Nasdaq - US64132R4048 - Common Stock - Currency: USD
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.
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 part of the Biotechnology industry. There are 557 other stocks in this industry, of which 67% are performing better than NRBO.
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 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
2.34
5.00
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. |
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)
NASDAQ:NRBO (11/27/2024, 8:56:43 PM)
2.36
+0.01 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.43%
1 Week-1.67%
2 Weeks-7.81%
1 Month-10.94%
3 Month-36.04%
6 Month-38.06%
12 Month-34.43%
2 Year-79.66%
3 Year-99.39%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%10.4%
ATR Inc-46.22%
Range Today0.12
ADR(20)0.24
ADR(20)%10.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.09
Mansfield-4.57
10 Day High2.6
10 Day Low2.18
20 Day High2.99
20 Day Low2.18
52 Week High6.75
52 Week Low2.08
CS1 EndN/A
CR1 Start2.41
Volume & EV
DER(3)-8.02%
DER(5)-13.83%
Volume13.00K
Volume Incr-47.18%
Vol(5)19.44K
Vol(50)45.14K