RAPPORT THERAPEUTICS INC (RAPP) Stock Technical Analysis
NASDAQ:RAPP - Nasdaq - US75383L1026 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to RAPP. In the past year, RAPP was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month RAPP has a been trading in the 10.51 - 15.70 range, which is quite wide. It is currently trading near the high of this range.
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 49% of all stocks.
RAPP is an average performer in the Pharmaceuticals industry, it outperforms 60% of 194 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RAPP has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.43
14.75
When analyzing the support we can see 3 important areas.
- Support @12.32 from a trend line in the daily time frame.
- A support zone ranging from 11.68 to 11.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.52 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for RAPP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RAPP is up. |
| ChartMill Relative Strength | 49.33 | NEUTRAL | RAPP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RAPP is above 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) | 67.1 | NEUTRAL | The RSI value for RAPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests RAPP has a positive trend. |
| Stochastics (14,3) | 88.84 | OVERBOUGHT | The high Stochastics value suggests RAPP may be overbought. |
| Average True Range in percent/ATR (20) | 6.83 | HIGH VOLATILITY | The high ATR as a percentage value for RAPP suggests high volalility. |
| Average Directional Index/ADX (14) | 28.45 | 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)
14.6
-0.78 (-5.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-5.07%
1 Week21.26%
2 Weeks23.62%
1 Month20.66%
3 Month57.67%
6 Month-1.42%
12 Month-43.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%6.83%
ATR Inc74.41%
Range Today1.54
ADR(20)0.98
ADR(20)%6.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.33
Mansfield-1.76
10 Day High15.7
10 Day Low11.05
20 Day High15.7
20 Day Low10.51
52 Week High29.74
52 Week Low6.43
CS1 End12.32
CR1 StartN/A
Volume & EV
DER(3)2.15%
DER(5)-0.37%
Volume142.70K
Volume Incr33.02%
Vol(5)193.68K
Vol(50)178.36K