REGENXBIO INC (RGNX) Technical Analysis
NASDAQ:RGNX • US75901B1070
Current stock price
RGNX Technical Rating and Analysis
Taking everything into account, RGNX scores 1 out of 10 in our technical rating. RGNX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, RGNX is a bad performer in the overall market: 82% of all stocks are doing better.
- RGNX is one of the lesser performing stocks in the Biotechnology industry. 63% of 518 stocks in the same industry do better.
- RGNX has an average volume of 1023160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RGNX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RGNX is lagging the market slightly.
- In the last month RGNX has a been trading in the 7.61 - 10.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RGNX Weekly and Daily overview Charts
RGNX Setup Rating and Analysis
Although the technical rating is bad, RGNX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
RGNX Support and Resistance Analysis
7.77
When analyzing the support we can see 2 important areas.
- Support @8.23 from a trend line in the weekly time frame.
- A support zone ranging from 7.85 to 7.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @9.48 from a trend line in the daily time frame.
RGNX 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 | DOWN | NEGATIVE | The long term trend for RGNX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RGNX is down. |
| ChartMill Relative Strength | 18.02 | NEGATIVE | RGNX has a low relative strength, it was outperformed by 81.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RGNX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RGNX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RGNX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44 | NEUTRAL | The RSI value for RGNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests RGNX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.01 | NEUTRAL | The Stochastics value for RGNX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.62 | HIGH VOLATILITY | The high ATR as a percentage value for RGNX suggests high volalility. |
| Average Directional Index/ADX (14) | 22.86 | NEUTRAL | The ADX value for RGNX suggests a possible start of a new trend. |
RGNX Chart- and CandleStick Pattern Analysis
RGNX Technicals: Chart, Performance Metrics, Trend & Indicators
8.79
+0.22 (+2.57%)
REGENXBIO INC / RGNX TA FAQ
What is the ChartMill technical rating of REGENXBIO INC (RGNX) stock?
ChartMill assigns a technical rating of 1 / 10 to RGNX.
What is the trend direction for RGNX stock?
The current trend direction for REGENXBIO INC (RGNX) is Bearish.
Can you provide the RSI signal for REGENXBIO INC?
REGENXBIO INC (RGNX) has an RSI value of 44.0002. This indicates that the stock is currently neutral.
What is the short term momentum for REGENXBIO INC (RGNX) stock?
The short term momentum for REGENXBIO INC (RGNX) is negative.
What is the support and resistance level for RGNX stock?
REGENXBIO INC (RGNX) has a support level at 8.23 and a resistance level at 9.48. Check the full technical report for our detailed analysis of RGNX support and resistance levels.