ROCKET PHARMACEUTICALS INC (RCKT) Stock Technical Analysis
NASDAQ:RCKT - Nasdaq - US77313F1066 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to RCKT. Recently some decent action could be observed, but in the medium term time frame this is still negative. RCKT was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, RCKT is a bad performer in the overall market: 93% of all stocks are doing better.
RCKT is one of the lesser performing stocks in the Biotechnology industry. 64% of 563 stocks in the same industry do better.
RCKT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month RCKT has a been trading in the 4.55 - 8.26 range, which is quite wide. It is currently trading near the high of this range.
RCKT has an average volume of 2698460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RCKT has a poor technical rating and the quality of the setup is also only medium 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
7.77
8.10
We found 1 important resistance area.
- A resistance zone ranging from 7.90 to 8.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.72
Mansfield-4.79
10 Day High8.26
10 Day Low6.73
20 Day High8.26
20 Day Low4.55
52 Week High26.98
52 Week Low4.55
Performance
1 Week9.64%
2 Weeks9.48%
1 Month53.32%
3 Month-24.08%
6 Month-55.01%
12 Month-65.45%
2 Year-62.49%
3 Year-33.76%
5 Year-58.27%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.26
RSI(14)57.96
LBB6.11
UBB8.28
7.85
-0.16 (-2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2%
1 Week9.64%
2 Weeks9.48%
1 Month53.32%
3 Month-24.08%
6 Month-55.01%
12 Month-65.45%
2 Year-62.49%
3 Year-33.76%
5 Year-58.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%7.65%
ATR Inc-31.76%
Range Today0.38
ADR(20)0.59
ADR(20)%7.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.72
Mansfield-4.79
10 Day High8.26
10 Day Low6.73
20 Day High8.26
20 Day Low4.55
52 Week High26.98
52 Week Low4.55
CS1 EndN/A
CR1 Start7.9
Volume & EV
DER(3)-2.21%
DER(5)0.22%
Volume2.23M
Volume Incr-50.76%
Vol(5)2.11M
Vol(50)2.70M