RIGEL PHARMACEUTICALS INC (RIGL) Stock Technical Analysis
NASDAQ:RIGL - US7665597024 - Common Stock
38.85 USD
-0.46 (-1.17%)
38.85 USD
0 (0%)
Overall RIGL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RIGL is showing a nice and steady performance.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RIGL did better than 97% of all other stocks. On top of that, RIGL also shows a nice and consistent pattern of rising prices.
RIGL is part of the Biotechnology industry. There are 545 other stocks in this industry. RIGL outperforms 95% of them.
RIGL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RIGL is lagging the market slightly.
In the last month RIGL has a been trading in the 21.81 - 43.72 range, which is quite wide. It is currently trading near the high of this range.
Although RIGL has an excellent technical rating, the quality of the presented setup is not ideal 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
18.08
39.24
We found 4 important support areas.
- A support zone ranging from 38.84 to 38.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.81 to 20.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.95 from a horizontal line in the daily time frame.
- Support @18.26 from a horizontal 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 | 97.97 | POSITIVE | RIGL has a high relative strength, it outperformed 97.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RIGL is above the rising 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) | 68.57 | NEUTRAL | The RSI value for RIGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests RIGL has a negative trend. |
| Stochastics (14,3) | 61.81 | NEUTRAL | The Stochastics value for RIGL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.33 | HIGH VOLATILITY | The high ATR as a percentage value for RIGL suggests high volalility. |
| Average Directional Index/ADX (14) | 62.68 | POSITIVE | The high ADX value value for RIGL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
38.85
-0.46 (-1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.17%
1 Week-6.39%
2 Weeks-1.67%
1 Month77.32%
3 Month102.34%
6 Month68.47%
12 Month189.06%
2 Year240.79%
3 Year173.59%
5 Year56.02%
10 Year29.5%
15 Year-50.38%
Volatility
ATR(14)2.34
ATR(20)%6.33%
ATR Inc-28.64%
Range Today1.5
ADR(20)2.33
ADR(20)%5.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.97
Mansfield7.38
10 Day High43.72
10 Day Low37.81
20 Day High43.72
20 Day Low21.81
52 Week High43.72
52 Week Low12.66
CS1 End38.84
CR1 StartN/A
Volume & EV
DER(3)-3.76%
DER(5)-3.78%
Volume846.40K
Volume Incr-5.48%
Vol(5)798.62K
Vol(50)520.50K