RAPPORT THERAPEUTICS INC (RAPP) Technical Analysis
NASDAQ:RAPP • US75383L1026
Current stock price
RAPP Technical Rating and Analysis
Taking everything into account, RAPP scores 5 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, RAPP did better than 96% of all other stocks.
- RAPP is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. RAPP outperforms 89% of them.
- 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.
- In the last month RAPP has a been trading in the 26.48 - 32.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RAPP Weekly and Daily overview Charts
RAPP Setup Rating and Analysis
RAPP 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 a resistance zone just above the current price starting at 30.54. Right above this resistance zone may be a good entry point.
More info and screens
RAPP Support and Resistance Analysis
24.72
When analyzing the support we can see 4 important areas.
- Support @26.61 from a horizontal line in the weekly time frame.
- Support @26.11 from a trend line in the daily time frame.
- 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 found 1 important resistance area.
- A resistance zone ranging from 30.54 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 | 96.34 | POSITIVE | RAPP has a high relative strength, it outperformed 96.34% 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) | DOWN | NEGATIVE | The current price of RAPP is below a declining 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) | 43.88 | NEUTRAL | The RSI value for RAPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests RAPP has a negative trend. |
| Stochastics (14,3) | 26.86 | NEUTRAL | The Stochastics value for RAPP is a neutral value. |
| Average True Range in percent/ATR (20) | 8.3 | HIGH VOLATILITY | The high ATR as a percentage value for RAPP suggests high volalility. |
| Average Directional Index/ADX (14) | 9.77 | 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
27.62
-0.22 (-0.79%)
RAPPORT THERAPEUTICS INC / RAPP TA FAQ
What is the technical rating for RAPP stock?
ChartMill assigns a technical rating of 5 / 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 43.8844. 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 26.61 and a resistance level at 30.54. Check the full technical report for our detailed analysis of RAPP support and resistance levels.