Taking everything into account, RGNX scores 1 out of 10 in our technical rating. RGNX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month RGNX has a been trading in the 9.51 - 16.19 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, RGNX outperforms 62% of them, which is more or less in line with the market.
- RGNX is part of the Biotechnology industry. There are 523 other stocks in this industry, RGNX did better than 60% of them.
- RGNX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RGNX is lagging the market.
The technical rating of RGNX is bad and it also does not present a quality setup 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
10.15
When analyzing the support we notice one important area.
- A support zone ranging from 10.25 to 10.32. 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 | NEUTRAL | NEUTRAL | The long term trend for RGNX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RGNX is down. |
| ChartMill Relative Strength | 62.53 | NEUTRAL | RGNX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RGNX is below a declining 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) | 33.63 | NEUTRAL | The RSI value for RGNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests RGNX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.02 | OVERSOLD | The low Stochastics value suggests RGNX may be oversold. |
| Average True Range in percent/ATR (20) | 10.79 | HIGH VOLATILITY | The high ATR as a percentage value for RGNX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.05 | POSITIVE | The high ADX value value for RGNX suggests a strong trend. |
10.33
+0.07 (+0.68%)
REGENXBIO INC / RGNX 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 33.6264. 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 10.32. Check the full technical report for our detailed analysis of RGNX support and resistance levels.