REDHILL BIOPHARMA LTD-SP ADR (RDHL) Stock Technical Analysis
NASDAQ:RDHL - Nasdaq - US7574683014 - ADR - Currency: USD
We assign a technical rating of 2 out of 10 to RDHL. In the past year, RDHL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
96% of all other stocks performed better in the past year than RDHL.
RDHL is one of the lesser performing stocks in the Pharmaceuticals industry. 77% of 195 stocks in the same industry do better.
RDHL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month RDHL has a been trading in the 1.72 - 2.08 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, RDHL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.04. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.72
2.08
3 important support areas can be observed.
- A support zone ranging from 1.92 to 1.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.86 from a trend line in the daily time frame.
- A support zone ranging from 1.74 to 1.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 2.04 to 2.06. 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 RDHL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDHL is up. |
| ChartMill Relative Strength | 4.85 | NEGATIVE | RDHL has a low relative strength, it was outperformed by 95.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDHL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RDHL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RDHL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.04 | NEUTRAL | The RSI value for RDHL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RDHL has a positive trend. |
| Stochastics (14,3) | 81.5 | OVERBOUGHT | The high Stochastics value suggests RDHL may be overbought. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for RDHL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.52 | NEGATIVE | The low ADX value for RDHL suggests a weak or negative 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)
NASDAQ:RDHL (7/3/2025, 8:04:44 PM)
2.03
+0.03 (+1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.5%
1 Week11.54%
2 Weeks10.33%
1 Month5.73%
3 Month4.1%
6 Month-68.86%
12 Month-77.43%
2 Year-93.66%
3 Year-99.77%
5 Year-99.97%
10 Year-99.99%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%4.79%
ATR Inc-31.33%
Range Today0.06
ADR(20)0.09
ADR(20)%4.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.85
Mansfield-6.86
10 Day High2.08
10 Day Low1.75
20 Day High2.08
20 Day Low1.72
52 Week High20.27
52 Week Low1.71
CS1 End1.95
CR1 Start2.04
Volume & EV
DER(3)-1.93%
DER(5)-5.53%
Volume11.50K
Volume Incr-4.22%
Vol(5)17.82K
Vol(50)103.66K