AVITA MEDICAL INC (RCEL) Stock Technical Analysis
NASDAQ:RCEL - Nasdaq - US05380C1027 - Common Stock - Currency: USD
Overall RCEL gets a technical rating of 0 out of 10. RCEL'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
93% of all other stocks performed better in the past year than RCEL.
RCEL is one of the lesser performing stocks in the Biotechnology industry. 63% of 557 stocks in the same industry do better.
RCEL 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 RCEL is lagging the market.
In the last month RCEL has a been trading in the 5.31 - 6.94 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 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
5.48
10.13
We can see 4 important resistance areas.
- A resistance zone ranging from 6.10 to 6.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.57 to 8.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.72 from a trend line in the weekly time frame.
- Resistance @10.03 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 | 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 | 7.84 | NEGATIVE | RCEL has a low relative strength, it was outperformed by 92.16% 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) | 32.35 | NEUTRAL | The RSI value for RCEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RCEL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.88 | NEUTRAL | The Stochastics value for RCEL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.12 | HIGH VOLATILITY | The high ATR as a percentage value for RCEL suggests high volalility. |
| Average Directional Index/ADX (14) | 39.94 | POSITIVE | The high ADX value value for RCEL suggests a strong 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)
5.54
-0.26 (-4.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.48%
1 Week-9.33%
2 Weeks-1.42%
1 Month-13.03%
3 Month-35.2%
6 Month-54.63%
12 Month-33.81%
2 Year-67.43%
3 Year16.63%
5 Year-81.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%7.12%
ATR Inc1.98%
Range Today0.42
ADR(20)0.39
ADR(20)%7.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.84
Mansfield-4.42
10 Day High6.33
10 Day Low5.31
20 Day High6.94
20 Day Low5.31
52 Week High14.16
52 Week Low5.31
CS1 EndN/A
CR1 Start6.1
Volume & EV
DER(3)-9.13%
DER(5)-5.95%
Volume568.30K
Volume Incr-10.04%
Vol(5)344.92K
Vol(50)280.52K