Taking everything into account, RGNX scores 0 out of 10 in our technical rating. RGNX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 68% of all other stocks performed better in the past year than RGNX.
- In the last month RGNX has a been trading in the 8.40 - 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- RGNX is an average performer in the Biotechnology industry, it outperforms 52% of 523 stocks in the same industry.
- 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
8.75
When analyzing the support we notice one important area.
- A support zone ranging from 8.84 to 8.84. 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 RGNX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RGNX is down. |
| ChartMill Relative Strength | 32.07 | 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) | DOWN | NEGATIVE | The current price of RGNX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.4 | OVERSOLD | The low RSI value suggests RGNX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests RGNX has a negative trend. |
| Stochastics (14,3) | 10.01 | OVERSOLD | The low Stochastics value suggests RGNX may be oversold. |
| Average True Range in percent/ATR (20) | 12.7 | HIGH VOLATILITY | The high ATR as a percentage value for RGNX suggests high volalility. |
| Average Directional Index/ADX (14) | 30.1 | POSITIVE | The high ADX value value for RGNX suggests a strong trend. |
8.85
-1.46 (-14.16%)
REGENXBIO INC / RGNX FAQ
What is the ChartMill technical rating of REGENXBIO INC (RGNX) stock?
ChartMill assigns a technical rating of 0 / 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 27.4012. This indicates that the stock is currently oversold.
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 8.84. Check the full technical report for our detailed analysis of RGNX support and resistance levels.