ROCKLEY PHOTONICS HOLDINGS L (RKLY) Technical Analysis
NYSE:RKLY • KYG7614L1095
Current stock price
RKLY Technical Rating and Analysis
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.
- 100% of all other stocks performed better in the past year than RKLY.
- RKLY is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, of which 96% 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.
RKLY Weekly and Daily overview Charts
RKLY Setup Rating and Analysis
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.
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RKLY Support and Resistance Analysis
0.18
When analyzing the support we notice one important 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.
2 important resistance areas can be observed.
- 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.
RKLY 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 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. |
RKLY Chart- and CandleStick Pattern Analysis
RKLY Technicals: Chart, Performance Metrics, Trend & Indicators
0.1924
+0.01 (+3.55%)
ROCKLEY PHOTONICS HOLDINGS L / RKLY TA FAQ
Can you provide the ChartMill technical rating for ROCKLEY PHOTONICS HOLDINGS L?
ChartMill assigns a technical rating of 1 / 10 to RKLY.
What is the current trend direction of ROCKLEY PHOTONICS HOLDINGS L (RKLY) stock?
The current trend direction for ROCKLEY PHOTONICS HOLDINGS L (RKLY) is Bearish.
What is the RSI signal for ROCKLEY PHOTONICS HOLDINGS L (RKLY) stock?
ROCKLEY PHOTONICS HOLDINGS L (RKLY) has an RSI value of 46.9789. This indicates that the stock is currently neutral.
What is the MACD signal for RKLY stock?
The MACD indicator for ROCKLEY PHOTONICS HOLDINGS L (RKLY) has a value of 0.00835575, indicating a bearish trend.
Can you provide the support and resistance levels for ROCKLEY PHOTONICS HOLDINGS L?
ROCKLEY PHOTONICS HOLDINGS L (RKLY) has a support level at 0.18 and a resistance level at 0.2. Check the full technical report for our detailed analysis of RKLY support and resistance levels.