RALLYBIO CORP (RLYB) Stock Technical Analysis
NASDAQ:RLYB - US75120L1008 - Common Stock
0.5602 USD
-0.03 (-5%)
0.5602 USD
0 (0%)
Taking everything into account, RLYB scores 7 out of 10 in our technical rating. RLYB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month RLYB has a been trading in the 0.40 - 0.65 range, which is quite wide. It is currently trading near the high of this range.
RLYB has an average volume of 3575270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that RLYB is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
RLYB is an average performer in the Biotechnology industry, it outperforms 68% of 547 stocks in the same industry.
RLYB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RLYB is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, RLYB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.37
0.64
When analyzing the support we notice one important area.
- Support @0.37 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @0.61 from a trend line in the daily time frame.
- A resistance zone ranging from 0.63 to 0.63. 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 | NEUTRAL | NEUTRAL | The long term trend for RLYB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RLYB is up. |
| ChartMill Relative Strength | 74.87 | POSITIVE | RLYB has a high relative strength, it outperformed 74.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RLYB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RLYB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RLYB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.86 | NEUTRAL | The RSI value for RLYB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RLYB has a negative trend. |
| Stochastics (14,3) | 72.87 | NEUTRAL | The Stochastics value for RLYB is a neutral value. |
| Average True Range in percent/ATR (20) | 11.34 | HIGH VOLATILITY | The high ATR as a percentage value for RLYB suggests high volalility. |
| Average Directional Index/ADX (14) | 31.62 | POSITIVE | The high ADX value value for RLYB 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)
0.5602
-0.03 (-5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5%
1 Week-5.69%
2 Weeks2.6%
1 Month20.47%
3 Month81.29%
6 Month-22.44%
12 Month-51.29%
2 Year-89.47%
3 Year-94.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%11.34%
ATR Inc-33.84%
Range Today0.06
ADR(20)0.06
ADR(20)%11.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.87
Mansfield-2.87
10 Day High0.65
10 Day Low0.53
20 Day High0.65
20 Day Low0.4
52 Week High1.24
52 Week Low0.22
CS1 End0.37
CR1 Start0.61
Volume & EV
DER(3)-3.31%
DER(5)-7.53%
Volume265.50K
Volume Incr-40.53%
Vol(5)271.74K
Vol(50)3.58M