REGULUS THERAPEUTICS INC (RGLS) Technical Analysis
NASDAQ:RGLS • US75915K3095
Current stock price
RGLS Technical Rating and Analysis
Overall RGLS gets a technical rating of 9 out of 10. 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.
- The long and short term trends are both positive. This is looking good!
- RGLS is one of the better performing stocks in the Biotechnology industry, it outperforms 97% of 516 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 Weekly and Daily overview Charts
RGLS Setup Rating and Analysis
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. 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
RGLS Support and Resistance Analysis
7.79
We found 1 important support 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.
When analyzing the resistance we notice one important 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.
RGLS Technical Indicator Signal Analysis
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 | 99.47 | POSITIVE | RGLS has a high relative strength, it outperformed 99.47% 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. |
RGLS Chart- and CandleStick Pattern Analysis
RGLS Example Setup
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 worst case loss on the trade is limited to 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.
RGLS Technicals: Chart, Performance Metrics, Trend & Indicators
8.16
+0.02 (+0.25%)
REGULUS THERAPEUTICS INC / RGLS TA FAQ
Can you provide the ChartMill technical rating for REGULUS THERAPEUTICS INC?
ChartMill assigns a technical rating of 9 / 10 to RGLS.
What is the trend direction for RGLS stock?
The current trend direction for REGULUS THERAPEUTICS INC (RGLS) is Bullish.
Can you provide the RSI signal for REGULUS THERAPEUTICS INC?
REGULUS THERAPEUTICS INC (RGLS) has an RSI value of 66.6217. This indicates that the stock is currently neutral.
What is the short term momentum for RGLS stock?
The short term momentum for REGULUS THERAPEUTICS INC (RGLS) is positive.
Can you provide the buy/sell signal for REGULUS THERAPEUTICS INC?
The buy/sell signal for REGULUS THERAPEUTICS INC (RGLS) is buy as both the short term and long term trends are positive.