RAPPORT THERAPEUTICS INC (RAPP) Technical Analysis
NASDAQ:RAPP • US75383L1026
Current stock price
RAPP Technical Rating and Analysis
Taking everything into account, RAPP scores 6 out of 10 in our technical rating. RAPP was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month RAPP has a been trading in the 26.01 - 32.30 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that RAPP is one of the better performing stocks in the market, outperforming 96% of all stocks.
- RAPP is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 90% of 192 stocks in the same industry.
- RAPP 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 RAPP is lagging the market slightly.
RAPP Weekly and Daily overview Charts
RAPP Setup Rating and Analysis
Although the technical rating is only medium, RAPP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
RAPP Support and Resistance Analysis
24.72
4 important support areas can be observed.
- Support @27.21 from a trend line in the daily time frame.
- A support zone ranging from 25.97 to 26.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.55 from a horizontal line in the daily time frame.
- Support @24.97 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 27.83 to 28.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.14 to 30.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
RAPP 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 | 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 | 96.54 | POSITIVE | RAPP has a high relative strength, it outperformed 96.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RAPP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RAPP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RAPP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.21 | NEUTRAL | The RSI value for RAPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests RAPP has a negative trend. |
| Stochastics (14,3) | 35.87 | NEUTRAL | The Stochastics value for RAPP is a neutral value. |
| Average True Range in percent/ATR (20) | 7.28 | HIGH VOLATILITY | The high ATR as a percentage value for RAPP suggests high volalility. |
| Average Directional Index/ADX (14) | 10.58 | NEGATIVE | The low ADX value for RAPP suggests a weak or negative trend. |
RAPP Chart- and CandleStick Pattern Analysis
RAPP Technicals: Chart, Performance Metrics, Trend & Indicators
27.69
-0.15 (-0.54%)
RAPPORT THERAPEUTICS INC / RAPP TA FAQ
What is the technical rating for RAPP stock?
ChartMill assigns a technical rating of 6 / 10 to RAPP.
What is the trend direction for RAPP stock?
The current trend direction for RAPPORT THERAPEUTICS INC (RAPP) is Bullish.
What is the RSI signal for RAPP stock?
RAPPORT THERAPEUTICS INC (RAPP) has an RSI value of 46.2091. This indicates that the stock is currently neutral.
What is the short term momentum for RAPPORT THERAPEUTICS INC (RAPP) stock?
The short term momentum for RAPPORT THERAPEUTICS INC (RAPP) is neutral.
What are the support and resistance levels for RAPPORT THERAPEUTICS INC (RAPP) stock?
RAPPORT THERAPEUTICS INC (RAPP) has a support level at 27.21 and a resistance level at 27.83. Check the full technical report for our detailed analysis of RAPP support and resistance levels.