ROCKLEY PHOTONICS HOLDINGS L (RKLY) Stock Technical Analysis
NYSE:RKLY - New York Stock Exchange, Inc. - KYG7614L1095 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to RKLY. RKLY 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.
When comparing the yearly performance of all stocks, RKLY is a bad performer in the overall market: 100% of all stocks are doing better.
RKLY is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 95% are performing better than RKLY.
RKLY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RKLY is lagging the market.
RKLY has an average volume of 1917030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RKLY has a been trading in the 0.14 - 0.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, RKLY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.18, a Stop Loss order could be placed below this zone.
More info and screens
0.18
0.21
We found 1 important support area.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.21 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for RKLY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RKLY is down. |
| ChartMill Relative Strength | 0.55 | NEGATIVE | RKLY has a low relative strength, it was outperformed by 99.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RKLY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RKLY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RKLY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.98 | NEUTRAL | The RSI value for RKLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RKLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.2 | NEUTRAL | The Stochastics value for RKLY is a neutral value. |
| Average True Range in percent/ATR (20) | 14.43 | HIGH VOLATILITY | The high ATR as a percentage value for RKLY suggests high volalility. |
| Average Directional Index/ADX (14) | 17.27 | NEGATIVE | The low ADX value for RKLY suggests a weak or negative 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)
0.1924
+0.01 (+3.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg3.55%
1 Week-7.28%
2 Weeks0.68%
1 Month27.59%
3 Month-67.02%
6 Month-92.48%
12 Month-93.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%14.43%
ATR Inc-54.12%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.55
Mansfield-8.99
10 Day High0.25
10 Day Low0.17
20 Day High0.25
20 Day Low0.14
52 Week High5.14
52 Week Low0.14
CS1 End0.18
CR1 Start0.2
Volume & EV
DER(3)-0.7%
DER(5)-1.51%
Volume903.70K
Volume Incr-21.16%
Vol(5)2.08M
Vol(50)1.92M