AVITA MEDICAL INC (RCEL) Technical Analysis
NASDAQ:RCEL • US05380C1027
Current stock price
RCEL Technical Rating and Analysis
Taking everything into account, RCEL scores 6 out of 10 in our technical rating. RCEL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, RCEL is a bad performer in the overall market: 81% of all stocks are doing better.
- RCEL is part of the Biotechnology industry. There are 516 other stocks in this industry, of which 65% are performing better than RCEL.
- RCEL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- 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 RCEL has a been trading in the 3.53 - 5.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RCEL Weekly and Daily overview Charts
RCEL Setup Rating and Analysis
RCEL has an average technical rating and it also 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.
More info and screens
RCEL Support and Resistance Analysis
3.67
When analyzing the support we notice one important area.
- A support zone ranging from 3.71 to 3.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @5.04 from a horizontal line in the weekly time frame.
RCEL 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 | NEUTRAL | NEUTRAL | The long term trend for RCEL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RCEL is up. |
| ChartMill Relative Strength | 19.39 | NEGATIVE | RCEL has a low relative strength, it was outperformed by 80.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RCEL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RCEL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RCEL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.3 | NEUTRAL | The RSI value for RCEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests RCEL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.14 | NEUTRAL | The Stochastics value for RCEL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.93 | HIGH VOLATILITY | The high ATR as a percentage value for RCEL suggests high volalility. |
| Average Directional Index/ADX (14) | 27.57 | POSITIVE | The high ADX value value for RCEL suggests a strong trend. |
RCEL Chart- and CandleStick Pattern Analysis
RCEL Technicals: Chart, Performance Metrics, Trend & Indicators
4.99
-0.17 (-3.29%)
AVITA MEDICAL INC / RCEL TA FAQ
What is the ChartMill technical rating of AVITA MEDICAL INC (RCEL) stock?
ChartMill assigns a technical rating of 6 / 10 to RCEL.
What is the current trend direction of AVITA MEDICAL INC (RCEL) stock?
The current trend direction for AVITA MEDICAL INC (RCEL) is Bearish.
What is the RSI signal for RCEL stock?
AVITA MEDICAL INC (RCEL) has an RSI value of 59.3. This indicates that the stock is currently neutral.
What is the MACD signal for RCEL stock?
The MACD indicator for AVITA MEDICAL INC (RCEL) has a value of 0.162927, indicating a bearish trend.