AVITA MEDICAL INC (RCEL) Stock Technical Analysis
USA - NASDAQ:RCEL - US05380C1027 - Common Stock
Overall RCEL gets a technical rating of 0 out of 10. RCEL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of RCEL is bad and it also does not present a 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
3.74
We can see 3 important resistance areas.
- A resistance zone ranging from 3.79 to 3.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.55 to 4.62. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 5.42 to 5.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 RCEL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RCEL is down. |
| ChartMill Relative Strength | 5.07 | NEGATIVE | RCEL has a low relative strength, it was outperformed by 94.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RCEL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RCEL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RCEL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.73 | NEUTRAL | The RSI value for RCEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests RCEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.45 | OVERSOLD | The low Stochastics value suggests RCEL may be oversold. |
| Average True Range in percent/ATR (20) | 7.69 | HIGH VOLATILITY | The high ATR as a percentage value for RCEL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.84 | POSITIVE | The high ADX value value for RCEL suggests a strong trend. |
3.78
-0.09 (-2.33%)
AVITA MEDICAL INC / RCEL FAQ
What is the ChartMill technical rating of AVITA MEDICAL INC (RCEL) stock?
ChartMill assigns a technical rating of 0 / 10 to RCEL.
What is the trend direction for RCEL stock?
The current trend direction for AVITA MEDICAL INC (RCEL) is Bearish.
Can you provide the RSI signal for AVITA MEDICAL INC?
AVITA MEDICAL INC (RCEL) has an RSI value of 34.73. 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 -0.0615807, indicating a bearish trend.
What is the buy/sell signal for AVITA MEDICAL INC (RCEL) stock?
The buy/sell signal for AVITA MEDICAL INC (RCEL) is sell as both the short term and long term trends are negative.