REGULUS THERAPEUTICS INC (RGLS) Stock Technical Analysis
NASDAQ:RGLS - Nasdaq - US75915K3095 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to RGLS. Both in the recent history as in the last year, RGLS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
RGLS is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 555 stocks in the same industry.
RGLS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month RGLS has a been trading in the 7.75 - 8.35 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RGLS has an average volume of 2425440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that RGLS is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
RGLS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.87, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
7.79
8.39
When analyzing the support we notice one important area.
- A support zone ranging from 7.87 to 7.87. 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 8.23 to 8.31. 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 | UP | POSITIVE | The long term trend for RGLS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RGLS is up. |
| ChartMill Relative Strength | 99.49 | POSITIVE | RGLS has a high relative strength, it outperformed 99.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RGLS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RGLS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RGLS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.62 | NEUTRAL | The RSI value for RGLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests RGLS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.1 | NEUTRAL | The Stochastics value for RGLS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for RGLS suggests low volalility. |
| Average Directional Index/ADX (14) | 70.89 | POSITIVE | The high ADX value value for RGLS 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.32 | 7.86 | 0.46 (5.53%) | 18.09% |
| An entry @8.32. This is a Buy Stop order right above the resistance zone. | An exit @7.86. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.46 points, which is 5.53%. | When investing 18.09% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
8.16
+0.02 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.25%
1 Week-0.73%
2 Weeks-1.69%
1 Month3.42%
3 Month371.68%
6 Month429.87%
12 Month357.14%
2 Year455.1%
3 Year294.2%
5 Year19.74%
10 Year-99.38%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%1.67%
ATR Inc38.58%
Range Today0.11
ADR(20)0.13
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.49
Mansfield19.58
10 Day High8.32
10 Day Low7.75
20 Day High8.35
20 Day Low7.75
52 Week High8.35
52 Week Low0.83
CS1 End7.87
CR1 Start8.23
Volume & EV
DER(3)-1.76%
DER(5)1.05%
Volume9.34M
Volume Incr495.23%
Vol(5)6.78M
Vol(50)2.43M