RELMADA THERAPEUTICS INC (RLMD) Stock Technical Analysis
NASDAQ:RLMD - Nasdaq - US75955J4022 - Common Stock - Currency: USD
Overall RLMD gets a technical rating of 4 out of 10. RLMD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
RLMD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month RLMD has a been trading in the 0.52 - 0.90 range, which is quite wide. It is currently trading near the lows of this range.
RLMD is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. RLMD outperforms 78% of them.
RLMD has an average volume of 2189800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RLMD did better than 75% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
RLMD has an average technical rating and it also does not offer a high quality setup 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
0.52
0.69
We found 2 important support areas.
- Support @0.56 from a trend line in the daily time frame.
- Support @0.53 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.68 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 | DOWN | NEGATIVE | The long term trend for RLMD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RLMD is neutral. |
| ChartMill Relative Strength | 75.74 | POSITIVE | RLMD has a high relative strength, it outperformed 75.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RLMD is below a declining 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 | NEGATIVE | The current price of RLMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.41 | NEUTRAL | The RSI value for RLMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RLMD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.85 | NEUTRAL | The Stochastics value for RLMD is a neutral value. |
| Average True Range in percent/ATR (20) | 13.66 | HIGH VOLATILITY | The high ATR as a percentage value for RLMD suggests high volalility. |
| Average Directional Index/ADX (14) | 31.26 | 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)
0.6003
-0.01 (-1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.59%
1 Week-1.59%
2 Weeks-14.27%
1 Month-19.96%
3 Month120.37%
6 Month27.7%
12 Month-80.12%
2 Year-75.6%
3 Year-96.84%
5 Year-98.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%13.66%
ATR Inc-23.27%
Range Today0.06
ADR(20)0.08
ADR(20)%13.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.74
Mansfield-6.47
10 Day High0.76
10 Day Low0.52
20 Day High0.9
20 Day Low0.52
52 Week High4.47
52 Week Low0.24
CS1 End0.53
CR1 Start0.68
Volume & EV
DER(3)3.38%
DER(5)1.05%
Volume194.60K
Volume Incr16.41%
Vol(5)575.34K
Vol(50)2.19M