RELMADA THERAPEUTICS INC (RLMD) Stock Technical Analysis
NASDAQ:RLMD - Nasdaq - US75955J4022 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to RLMD. Although RLMD has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
RLMD 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 RLMD is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
RLMD is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 82% of 198 stocks in the same industry.
RLMD has an average volume of 2058680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Looking at the yearly performance, RLMD did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month RLMD has a been trading in the 0.27 - 0.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although RLMD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.26
0.82
We found 2 important support areas.
- Support @0.32 from a trend line in the daily time frame.
- Support @0.26 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.65 from a horizontal line in the weekly time frame.
- Resistance @0.81 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.24
Mansfield-6.91
10 Day High0.61
10 Day Low0.32
20 Day High0.75
20 Day Low0.27
52 Week High4.47
52 Week Low0.24
Performance
1 Week53.08%
2 Weeks67.13%
1 Month57.94%
3 Month102.37%
6 Month-78.68%
12 Month-80.43%
2 Year-78.98%
3 Year-96.82%
5 Year-98.76%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)66.57
LBB0.28
UBB0.55
0.597
+0.09 (+17.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg17.29%
1 Week53.08%
2 Weeks67.13%
1 Month57.94%
3 Month102.37%
6 Month-78.68%
12 Month-80.43%
2 Year-78.98%
3 Year-96.82%
5 Year-98.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%17.9%
ATR Inc87.7%
Range Today0.13
ADR(20)0.1
ADR(20)%17.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.24
Mansfield-6.91
10 Day High0.61
10 Day Low0.32
20 Day High0.75
20 Day Low0.27
52 Week High4.47
52 Week Low0.24
CS1 End0.32
CR1 Start0.65
Volume & EV
DER(3)6.22%
DER(5)1.5%
Volume1.39M
Volume Incr-78.56%
Vol(5)953.14K
Vol(50)2.06M