RALLYBIO CORP (RLYB) Stock Technical Analysis
USA - NASDAQ:RLYB - US75120L1008 - Common Stock
0.5109 USD
-0.04 (-7.68%)
0.538 USD
+0.03 (+5.3%)
Overall RLYB gets a technical rating of 3 out of 10. In the last year, RLYB was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
83% of all other stocks performed better in the past year than RLYB.
RLYB is part of the Biotechnology industry. There are 537 other stocks in this industry, of which 62% are performing better than RLYB.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
In the last month RLYB has a been trading in the 0.48 - 0.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, RLYB does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.57. Right above this resistance zone may be a good entry point.
More info and screens
0.41
0.62
We found 4 important support areas.
- Support @0.51 from a trend line in the daily time frame.
- A support zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.49 from a horizontal line in the daily time frame.
- Support @0.41 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.58 from a horizontal line in the daily time frame.
- Resistance @0.60 from a trend line in the daily time frame.
- Resistance @0.61 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 | NEUTRAL | NEUTRAL | The long term trend for RLYB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RLYB is neutral. |
| ChartMill Relative Strength | 17.56 | NEGATIVE | RLYB has a low relative strength, it was outperformed by 82.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RLYB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RLYB is below 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) | 41.74 | 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) | 40.87 | NEUTRAL | The Stochastics value for RLYB is a neutral value. |
| Average True Range in percent/ATR (20) | 8.81 | HIGH VOLATILITY | The high ATR as a percentage value for RLYB suggests high volalility. |
| Average Directional Index/ADX (14) | 14.22 | NEGATIVE | The low ADX value for RLYB suggests a weak or negative 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)
0.5109
-0.04 (-7.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-7.68%
1 Week-9.56%
2 Weeks-7.11%
1 Month-14.96%
3 Month25.78%
6 Month104.12%
12 Month-53.55%
2 Year-87.84%
3 Year-94.66%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%8.81%
ATR Inc7.74%
Range Today0.06
ADR(20)0.04
ADR(20)%8.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.56
Mansfield-2.78
10 Day High0.6
10 Day Low0.48
20 Day High0.65
20 Day Low0.48
52 Week High1.24
52 Week Low0.22
CS1 End0.51
CR1 Start0.57
Volume & EV
DER(3)-1.65%
DER(5)-1.66%
Volume369.50K
Volume Incr-16.57%
Vol(5)257.52K
Vol(50)389.49K