ULTRAGENYX PHARMACEUTICAL IN (RARE) Technical Analysis
NASDAQ:RARE • US90400D1081
Current stock price
RARE Technical Rating and Analysis
Taking everything into account, RARE scores 0 out of 10 in our technical rating. RARE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, RARE is a bad performer in the overall market: 94% of all stocks are doing better.
- RARE is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 79% are performing better than RARE.
- RARE is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so RARE is lagging the market.
- In the last month RARE has a been trading in the 19.53 - 23.45 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- RARE has an average volume of 2316910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RARE Weekly and Daily overview Charts
RARE Setup Rating and Analysis
The technical rating of RARE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
RARE Support and Resistance Analysis
18.32
We can see 6 important resistance areas.
- A resistance zone ranging from 19.72 to 19.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.91 from a trend line in the daily time frame.
- A resistance zone ranging from 21.84 to 22.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 22.78 to 22.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @30.70 from a trend line in the weekly time frame.
- Resistance @33.04 from a trend line in the weekly time frame.
RARE 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 | DOWN | NEGATIVE | The long term trend for RARE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RARE is down. |
| ChartMill Relative Strength | 6.45 | NEGATIVE | RARE has a low relative strength, it was outperformed by 93.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RARE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RARE is below a declining 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) | 37.53 | NEUTRAL | The RSI value for RARE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests RARE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.11 | OVERSOLD | The low Stochastics value suggests RARE may be oversold. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for RARE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.38 | NEGATIVE | The low ADX value for RARE suggests a weak or negative trend. |
RARE Chart- and CandleStick Pattern Analysis
RARE Technicals: Chart, Performance Metrics, Trend & Indicators
18.5
-1.77 (-8.73%)
ULTRAGENYX PHARMACEUTICAL IN / RARE TA FAQ
What is the ChartMill technical rating of ULTRAGENYX PHARMACEUTICAL IN (RARE) stock?
ChartMill assigns a technical rating of 0 / 10 to RARE.
Can you provide the trend direction for ULTRAGENYX PHARMACEUTICAL IN?
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 37.5312. 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 negative.
Can you provide the buy/sell signal for ULTRAGENYX PHARMACEUTICAL IN?
The buy/sell signal for ULTRAGENYX PHARMACEUTICAL IN (RARE) is sell as both the short term and long term trends are negative.