AVITA MEDICAL INC (RCEL) Technical Analysis
NASDAQ:RCEL • US05380C1027
Current stock price
RCEL Technical Rating and Analysis
Taking everything into account, RCEL scores 2 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, RCEL is a bad performer in the overall market: 84% of all stocks are doing better.
- RCEL is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 63% are performing better than RCEL.
- RCEL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RCEL is lagging the market.
- In the last month RCEL has a been trading in the 3.86 - 5.92 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.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
RCEL Weekly and Daily overview Charts
RCEL Setup Rating and Analysis
The technical rating of RCEL 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
RCEL Support and Resistance Analysis
3.91
5 important resistance areas can be observed.
- A resistance zone ranging from 4.02 to 4.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.57 to 4.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.99 from a trend line in the weekly time frame.
- Resistance @5.18 from a trend line in the daily time frame.
- Resistance @5.54 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for RCEL is down. |
| ChartMill Relative Strength | 16.99 | NEGATIVE | RCEL has a low relative strength, it was outperformed by 83.01% 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) | UP | MIXED | The current price of RCEL is below the rising 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) | 39.49 | NEUTRAL | The RSI value for RCEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests RCEL has a negative trend. |
| Stochastics (14,3) | 10.26 | OVERSOLD | The low Stochastics value suggests RCEL may be oversold. |
| Average True Range in percent/ATR (20) | 9.91 | HIGH VOLATILITY | The high ATR as a percentage value for RCEL suggests high volalility. |
| Average Directional Index/ADX (14) | 28.21 | 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
3.95
-0.08 (-1.99%)
AVITA MEDICAL INC / RCEL TA FAQ
What is the ChartMill technical rating of AVITA MEDICAL INC (RCEL) stock?
ChartMill assigns a technical rating of 3 / 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.
Can you provide the RSI signal for AVITA MEDICAL INC?
AVITA MEDICAL INC (RCEL) has an RSI value of 39.4913. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for AVITA MEDICAL INC?
AVITA MEDICAL INC (RCEL) has a resistance level at 4.57. Check the full technical report for our detailed analysis of RCEL support and resistance levels.