Taking everything into account, RCEL scores 0 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.
Although the technical rating is bad, RCEL does present a nice setup opportunity. Prices have been consolidating lately.
3.39
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for RCEL is neutral. |
| ChartMill Relative Strength | 5.91 | NEGATIVE | RCEL has a low relative strength, it was outperformed by 94.09% 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) | 45.01 | NEUTRAL | The RSI value for RCEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RCEL has a positive trend. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for RCEL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for RCEL suggests high volalility. |
| Average Directional Index/ADX (14) | 15 | NEGATIVE | The low ADX value for RCEL suggests a weak or negative trend. |
3.42
-0.05 (-1.44%)
ChartMill assigns a technical rating of 0 / 10 to RCEL.
The current trend direction for AVITA MEDICAL INC (RCEL) is Bearish.
AVITA MEDICAL INC (RCEL) has an RSI value of 45.0085. This indicates that the stock is currently neutral.
AVITA MEDICAL INC (RCEL) has a support level at 3.46 and a resistance level at 3.96. Check the full technical report for our detailed analysis of RCEL support and resistance levels.