RAPT THERAPEUTICS INC (RAPT) Stock Technical Analysis
NASDAQ:RAPT • US75382E2081
We assign a technical rating of 10 out of 10 to RAPT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RAPT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that RAPT is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, RAPT also shows a nice and consistent pattern of rising prices.
- RAPT is part of the Biotechnology industry. There are 521 other stocks in this industry. RAPT outperforms 97% of them.
- RAPT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- RAPT has an average volume of 2732840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month RAPT has a been trading in a tight range between 57.57 and 57.88.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, RAPT also presents 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 57.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 57.79, a Stop Loss order could be placed below this zone.
More info and screens
32.52
We found 4 important support areas.
- A support zone ranging from 57.71 to 57.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.85 from a trend line in the weekly time frame.
- Support @36.25 from a trend line in the daily time frame.
- Support @32.85 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 RAPT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RAPT is up. |
| ChartMill Relative Strength | 99.48 | POSITIVE | RAPT has a high relative strength, it outperformed 99.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RAPT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RAPT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RAPT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.54 | OVERBOUGHT | The high RSI value suggests RAPT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.86 | NEGATIVE | The MACD value suggests RAPT has a negative trend. |
| Stochastics (14,3) | 72.84 | NEUTRAL | The Stochastics value for RAPT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for RAPT suggests low volalility. |
| Average Directional Index/ADX (14) | 58.16 | POSITIVE | The high ADX value value for RAPT suggests a strong 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 |
|---|---|---|---|
| 57.86 | 57.70 | 0.16 (0.28%) | 25.00% |
| An entry @57.86. This is a Buy Stop order right above the resistance zone. | An exit @57.70. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.16 points, which is 0.28%. | For a 0.07% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RAPT. 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.
57.92
+0.12 (+0.21%)
RAPT THERAPEUTICS INC / RAPT FAQ
Can you provide the ChartMill technical rating for RAPT THERAPEUTICS INC?
ChartMill assigns a technical rating of 10 / 10 to RAPT.
Can you provide the trend direction for RAPT THERAPEUTICS INC?
The current trend direction for RAPT THERAPEUTICS INC (RAPT) is Bullish.
Can you provide the RSI signal for RAPT THERAPEUTICS INC?
RAPT THERAPEUTICS INC (RAPT) has an RSI value of 78.5395. This indicates that the stock is currently overbought.
What is the short term momentum for RAPT THERAPEUTICS INC (RAPT) stock?
The short term momentum for RAPT THERAPEUTICS INC (RAPT) is positive.
Can you provide the buy/sell signal for RAPT THERAPEUTICS INC?
The buy/sell signal for RAPT THERAPEUTICS INC (RAPT) is buy as both the short term and long term trends are positive.