33.76 USD
+0.23 (+0.7%)
33.76 USD
0 (0%)
We assign a technical rating of 4 out of 10 to RARE. In the past year, RARE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, RARE is a bad performer in the overall market: 73% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month RARE has a been trading in the 28.56 - 35.57 range, which is quite wide. It is currently trading near the high of this range.
RARE has an average volume of 1494530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RARE is part of the Biotechnology industry. There are 533 other stocks in this industry, RARE did better than 46% of them.
RARE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RARE is lagging the market.
Although the technical rating is only medium, RARE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 34.47. Right above this resistance zone may be a good entry point.
More info and screens
26.87
38.65
When analyzing the support we can see 5 important areas.
- Support @33.56 from a trend line in the daily time frame.
- A support zone ranging from 31.70 to 32.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.74 to 30.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.20 from a trend line in the daily time frame.
- Support @27.14 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 34.47 to 34.61. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @35.32 from a horizontal line in the daily time frame.
- Resistance @38.27 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 | NEUTRAL | NEUTRAL | The long term trend for RARE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RARE is up. |
| ChartMill Relative Strength | 27.18 | NEGATIVE | RARE has a low relative strength, it was outperformed by 72.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RARE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RARE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RARE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.17 | NEUTRAL | The RSI value for RARE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests RARE has a positive trend. |
| Stochastics (14,3) | 83.76 | OVERBOUGHT | The high Stochastics value suggests RARE may be overbought. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for RARE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.39 | NEGATIVE | The low ADX value for RARE suggests a weak or negative 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)
33.76
+0.23 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.7%
1 Week5.96%
2 Weeks0.69%
1 Month-2.4%
3 Month12.68%
6 Month-0.79%
12 Month-29.12%
2 Year-13.1%
3 Year-7%
5 Year-71.52%
10 Year-65.66%
15 YearN/A
Volatility
ATR(14)1.53
ATR(20)%4.83%
ATR Inc-27.58%
Range Today1.02
ADR(20)1.61
ADR(20)%4.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.18
3 months CRS84.76
6 months CRS27.71
Mansfield-1.64
10 Day High34.21
10 Day Low31
20 Day High35.57
20 Day Low28.56
52 Week High50
52 Week Low25.81
CS1 End33.56
CR1 Start34.47
Volume & EV
DER(3)1.07%
DER(5)1.17%
Volume1.30M
Volume Incr11.2%
Vol(5)1.48M
Vol(50)1.49M
ULTRAGENYX PHARMACEUTICAL IN / RARE FAQ
What is the ChartMill technical rating of ULTRAGENYX PHARMACEUTICAL IN (RARE) stock?
ChartMill assigns a technical rating of 4 / 10 to RARE.
What is the current trend direction of ULTRAGENYX PHARMACEUTICAL IN (RARE) stock?
The current trend direction for ULTRAGENYX PHARMACEUTICAL IN (RARE) is Bearish.
What is the RSI signal for ULTRAGENYX PHARMACEUTICAL IN (RARE) stock?
ULTRAGENYX PHARMACEUTICAL IN (RARE) has an RSI value of 55.1728. This indicates that the stock is currently neutral.
What is the short term momentum for ULTRAGENYX PHARMACEUTICAL IN (RARE) stock?
The short term momentum for ULTRAGENYX PHARMACEUTICAL IN (RARE) is positive.