RAPPORT THERAPEUTICS INC (RAPP) Stock Technical Analysis
USA - NASDAQ:RAPP - US75383L1026 - Common Stock
Overall RAPP gets a technical rating of 7 out of 10. In the last year, RAPP was one of the better performers, but we do observe some doubts in the very recent evolution.
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 a support zone below the current price at 24.99, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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17.39
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.87 to 24.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.72 from a trend line in the daily time frame.
- Support @17.57 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 26.00 to 26.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @28.34 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 | 91.47 | POSITIVE | RAPP has a high relative strength, it outperformed 91.47% 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) | 46.65 | NEUTRAL | The RSI value for RAPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests RAPP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.04 | NEUTRAL | The Stochastics value for RAPP is a neutral value. |
| Average True Range in percent/ATR (20) | 7.45 | HIGH VOLATILITY | The high ATR as a percentage value for RAPP suggests high volalility. |
| Average Directional Index/ADX (14) | 15.77 | NEGATIVE | The low ADX value for RAPP suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 26.26 | 24.86 | 1.40 (5.33%) | 18.76% |
| An entry @26.26. This is a Buy Stop order right above the resistance zone. | An exit @24.86. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.40 points, which is 5.33%. | When investing 18.76% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
25.17
-0.33 (-1.29%)
RAPPORT THERAPEUTICS INC / RAPP FAQ
What is the technical rating for RAPP stock?
ChartMill assigns a technical rating of 7 / 10 to RAPP.
What is the current trend direction of RAPPORT THERAPEUTICS INC (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 46.6519. This indicates that the stock is currently neutral.
What is the MACD signal for RAPPORT THERAPEUTICS INC (RAPP) stock?
The MACD indicator for RAPPORT THERAPEUTICS INC (RAPP) has a value of -0.322885, indicating a bearish trend.
What is the short term momentum for RAPP stock?
The short term momentum for RAPPORT THERAPEUTICS INC (RAPP) is neutral.