RIGEL PHARMACEUTICALS INC (RIGL) Technical Analysis
NASDAQ:RIGL • US7665597024
Current stock price
RIGL Technical Rating and Analysis
Taking everything into account, RIGL scores 1 out of 10 in our technical rating. RIGL 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the performance of all stocks over the past year, RIGL turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
- RIGL is part of the Biotechnology industry. There are 517 other stocks in this industry, RIGL did better than 50% of them.
- RIGL 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 RIGL is lagging the market slightly.
- In the last month RIGL has a been trading in the 24.95 - 29.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RIGL Weekly and Daily overview Charts
RIGL Setup Rating and Analysis
RIGL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 25.88, a Stop Loss order could be placed below this zone.
More info and screens
RIGL Support and Resistance Analysis
25.19
We found 1 important support area.
- A support zone ranging from 25.44 to 25.88. 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 27.54 to 27.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
RIGL 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 RIGL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RIGL is down. |
| ChartMill Relative Strength | 63.28 | NEUTRAL | RIGL is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of RIGL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RIGL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.6 | NEUTRAL | The RSI value for RIGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests RIGL has a positive trend. |
| Stochastics (14,3) | 79.29 | NEUTRAL | The Stochastics value for RIGL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for RIGL suggests some volalility. |
| Average Directional Index/ADX (14) | 38.67 | POSITIVE | The high ADX value value for RIGL suggests a strong trend. |
RIGL Chart- and CandleStick Pattern Analysis
RIGL Technicals: Chart, Performance Metrics, Trend & Indicators
27.53
+0.03 (+0.11%)
RIGEL PHARMACEUTICALS INC / RIGL TA FAQ
What is the ChartMill technical rating of RIGEL PHARMACEUTICALS INC (RIGL) stock?
ChartMill assigns a technical rating of 1 / 10 to RIGL.
What is the trend direction for RIGL stock?
The current trend direction for RIGEL PHARMACEUTICALS INC (RIGL) is Bearish.
What is the RSI signal for RIGL stock?
RIGEL PHARMACEUTICALS INC (RIGL) has an RSI value of 43.6042. 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 0.480063, indicating a bearish trend.
Can you provide the short term momentum for RIGEL PHARMACEUTICALS INC?
The short term momentum for RIGEL PHARMACEUTICALS INC (RIGL) is negative.