RALLYBIO CORP (RLYB) Stock Technical Analysis
NASDAQ:RLYB - Nasdaq - US75120L1008 - Common Stock - Currency: USD
Overall RLYB gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. RLYB was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, RLYB is a bad performer in the overall market: 98% of all stocks are doing better.
RLYB is part of the Biotechnology industry. There are 558 other stocks in this industry, of which 85% are performing better than RLYB.
RLYB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RLYB has a been trading in the 0.27 - 0.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RLYB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.30
0.40
When analyzing the support we can see 2 important areas.
- Support @0.31 from a trend line in the daily time frame.
- A support zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.38 from a trend line in the daily time frame.
- A resistance zone ranging from 0.40 to 0.40. 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 | DOWN | NEGATIVE | The long term trend for RLYB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RLYB is neutral. |
| ChartMill Relative Strength | 2.09 | NEGATIVE | RLYB has a low relative strength, it was outperformed by 97.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RLYB is above 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) | 51.72 | NEUTRAL | The RSI value for RLYB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RLYB has a positive trend. |
| Stochastics (14,3) | 30.65 | NEUTRAL | The Stochastics value for RLYB is a neutral value. |
| Average True Range in percent/ATR (20) | 16.19 | HIGH VOLATILITY | The high ATR as a percentage value for RLYB suggests high volalility. |
| Average Directional Index/ADX (14) | 33.55 | 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)
0.3505
-0.02 (-5.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.27%
1 Week3.7%
2 Weeks-11.45%
1 Month9.53%
3 Month-45.24%
6 Month-61.65%
12 Month-73.84%
2 Year-93.81%
3 Year-95.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%16.19%
ATR Inc-12.4%
Range Today0.04
ADR(20)0.06
ADR(20)%15.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.09
Mansfield-6.06
10 Day High0.39
10 Day Low0.3
20 Day High0.49
20 Day Low0.27
52 Week High1.54
52 Week Low0.22
CS1 End0.31
CR1 Start0.38
Volume & EV
DER(3)0.33%
DER(5)0.52%
Volume152.39K
Volume Incr-28.71%
Vol(5)204.37K
Vol(50)180.66K