RELMADA THERAPEUTICS INC (RLMD) Stock Technical Analysis
USA - NASDAQ:RLMD - US75955J4022 - Common Stock
1.67 USD
+0.02 (+1.21%)
1.7 USD
+0.03 (+1.8%)
Taking everything into account, RLMD scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RLMD is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
RLMD is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 86% of 196 stocks in the same industry.
In the last month RLMD has a been trading in the 0.59 - 1.93 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, RLMD did better than 93% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
RLMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RLMD is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, RLMD also presents 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 1.53, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RLMD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.49
1.70
When analyzing the support we notice one important area.
- A support zone ranging from 1.51 to 1.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.68 to 1.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 RLMD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RLMD is up. |
| ChartMill Relative Strength | 93.15 | POSITIVE | RLMD has a high relative strength, it outperformed 93.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RLMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RLMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RLMD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.75 | NEUTRAL | The RSI value for RLMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RLMD has a negative trend. |
| Stochastics (14,3) | 61.83 | NEUTRAL | The Stochastics value for RLMD is a neutral value. |
| Average True Range in percent/ATR (20) | 14.43 | HIGH VOLATILITY | The high ATR as a percentage value for RLMD suggests high volalility. |
| Average Directional Index/ADX (14) | 55.45 | POSITIVE | The high ADX value value for RLMD 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.69 | 1.50 | 0.19 (11.24%) | 8.89% |
| An entry @1.69. This is a Buy Stop order right above the resistance zone. | An exit @1.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.19 points, which is 11.24%. | When investing 8.89% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of RLMD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.67
+0.02 (+1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.21%
1 Week4.38%
2 Weeks7.05%
1 Month167.63%
3 Month173.77%
6 Month462.86%
12 Month-50.45%
2 Year-44.33%
3 Year-95.49%
5 Year-95.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%14.43%
ATR Inc-33.06%
Range Today0.16
ADR(20)0.24
ADR(20)%14.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.15
Mansfield4.23
10 Day High1.93
10 Day Low1.44
20 Day High1.93
20 Day Low0.6
52 Week High3.98
52 Week Low0.24
CS1 End1.53
CR1 Start1.68
Volume & EV
DER(3)11.65%
DER(5)3.79%
Volume313.60K
Volume Incr-80.27%
Vol(5)344.98K
Vol(50)835.50K