RAPP Technical Analysis - RAPPORT THERAPEUTICS INC

Technical Rating and Analysis

Overall RAPP gets a technical rating of 9 out of 10. Both in the recent history as in the last year, RAPP has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.

RAPP is part of the Pharmaceuticals industry. There are 196 other stocks in this industry. RAPP outperforms 90% of them.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

Looking at the yearly performance, RAPP did better than 94% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.

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 14.11 - 42.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

RAPPORT THERAPEUTICS INC / RAPP Weekly stock chart

RAPPORT THERAPEUTICS INC / RAPP Daily stock chart

Setup Rating and Analysis

Although RAPP has an excellent technical rating, it 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

14.10

27.62

We found 2 important support areas.

Support @15.27 from a trend line in the daily time frame.
Support @14.24 from a horizontal line in the daily time frame.

We found 1 important resistance area.

Resistance @27.35 from a horizontal line in the daily time frame.

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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	UP	POSITIVE	The short term trend for RAPP is up.
ChartMill Relative Strength	94.95	POSITIVE	RAPP has a high relative strength, it outperformed 94.95% off all stocks 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)	UP	POSITIVE	The current price of RAPP is above the rising SMA(200).
Relative Strength Index/RSI (14)	63.05	NEUTRAL	The RSI value for RAPP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.55	POSITIVE	The MACD value suggests RAPP has a positive trend, although the MACD value is declining.
Stochastics (14,3)	44.6	NEUTRAL	The Stochastics value for RAPP is a neutral value.
Average True Range in percent/ATR (20)	13.2	HIGH VOLATILITY	The high ATR as a percentage value for RAPP suggests high volalility.
Average Directional Index/ADX (14)	44.48	POSITIVE	The high ADX value value for RAPP suggests a strong trend.