Overall RIGL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RIGL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, RIGL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 40.77, a Stop Loss order could be placed below this zone.
More info and screens
22.55
We found 5 important support areas.
- A support zone ranging from 40.77 to 40.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.97 from a trend line in the weekly time frame.
- Support @32.79 from a trend line in the daily time frame.
- Support @23.49 from a trend line in the weekly time frame.
- Support @22.78 from a trend line in the daily time frame.
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 RIGL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RIGL is up. |
| ChartMill Relative Strength | 97.78 | POSITIVE | RIGL has a high relative strength, it outperformed 97.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RIGL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RIGL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RIGL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.84 | NEUTRAL | The RSI value for RIGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests RIGL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.85 | NEUTRAL | The Stochastics value for RIGL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for RIGL suggests high volalility. |
| Average Directional Index/ADX (14) | 19.32 | NEGATIVE | The low ADX value for RIGL suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 44.86 | 40.76 | 4.10 (9.14%) | 10.94% |
| An entry @44.86. This is a Buy Stop order right above the 10 day high. | An exit @40.76. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.10 points, which is 9.14%. | For a 1.00% total portfolio risk, you can invest 10.94% of your capital in this trade. |
- 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.
44.64
+0.7 (+1.59%)
RIGEL PHARMACEUTICALS INC / RIGL FAQ
What is the ChartMill technical rating of RIGEL PHARMACEUTICALS INC (RIGL) stock?
ChartMill assigns a technical rating of 10 / 10 to RIGL.
Can you provide the trend direction for RIGEL PHARMACEUTICALS INC?
The current trend direction for RIGEL PHARMACEUTICALS INC (RIGL) is Bullish.
Can you provide the RSI signal for RIGEL PHARMACEUTICALS INC?
RIGEL PHARMACEUTICALS INC (RIGL) has an RSI value of 55.8382. This indicates that the stock is currently neutral.
What is the MACD signal for RIGL stock?
The MACD indicator for RIGEL PHARMACEUTICALS INC (RIGL) has a value of -0.331291, indicating a bearish trend.
What is the buy/sell signal for RIGEL PHARMACEUTICALS INC (RIGL) stock?
The buy/sell signal for RIGEL PHARMACEUTICALS INC (RIGL) is buy as both the short term and long term trends are positive.