RAPPORT THERAPEUTICS INC (RAPP) Stock Technical Analysis
NASDAQ:RAPP - Nasdaq - US75383L1026 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to RAPP. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RAPP is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the performance of all stocks over the past year, RAPP turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
RAPP is an average performer in the Pharmaceuticals industry, it outperforms 63% of 193 stocks in the same industry.
RAPP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RAPP is lagging the market.
In the last month RAPP has a been trading in the 12.71 - 17.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, RAPP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
8.43
16.56
We found 3 important support areas.
- A support zone ranging from 14.03 to 14.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.08 from a trend line in the daily time frame.
- Support @8.52 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @16.06 from a horizontal line in the weekly time frame.
- Resistance @16.40 from a trend 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 | UP | POSITIVE | The long term trend for RAPP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RAPP is neutral. |
| ChartMill Relative Strength | 60.04 | NEUTRAL | RAPP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RAPP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RAPP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RAPP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.96 | NEUTRAL | The RSI value for RAPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests RAPP has a negative trend. |
| Stochastics (14,3) | 12.68 | OVERSOLD | The low Stochastics value suggests RAPP may be oversold. |
| Average True Range in percent/ATR (20) | 9.93 | HIGH VOLATILITY | The high ATR as a percentage value for RAPP suggests high volalility. |
| Average Directional Index/ADX (14) | 33.31 | POSITIVE | The high ADX value value for RAPP 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.07 | 14.02 | 2.05 (12.76%) | 7.84% |
| An entry @16.07. This is a Buy Stop order right above the resistance zone. | An exit @14.02. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.05 points, which is 12.76%. | For a 1.00% total portfolio risk, you can invest 7.84% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RAPP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
14.43
+0.39 (+2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.78%
1 Week-6.42%
2 Weeks-5.07%
1 Month14.34%
3 Month40.78%
6 Month-10.54%
12 Month-24.29%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%9.93%
ATR Inc-21.78%
Range Today1.33
ADR(20)1.43
ADR(20)%9.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.04
Mansfield-1.55
10 Day High17.45
10 Day Low13.87
20 Day High17.45
20 Day Low12.71
52 Week High29.74
52 Week Low6.43
CS1 End14.14
CR1 Start16.06
Volume & EV
DER(3)-6.37%
DER(5)-5.72%
Volume206.70K
Volume Incr-16.3%
Vol(5)142.58K
Vol(50)187.34K