AVIDITY BIOSCIENCES INC (RNA) Stock Technical Analysis
NASDAQ:RNA - Nasdaq - US05370A1088 - Common Stock - Currency: USD
Taking everything into account, RNA scores 2 out of 10 in our technical rating. RNA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, RNA is a bad performer in the overall market: 63% of all stocks are doing better.
RNA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
RNA is one of the better performing stocks in the Biotechnology industry, it outperforms 79% of 563 stocks in the same industry.
RNA has an average volume of 1603340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month RNA has a been trading in the 23.66 - 33.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of RNA is bad and it also does not present a 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
25.32
31.97
We found 2 important support areas.
- Support @26.67 from a trend line in the weekly time frame.
- A support zone ranging from 25.58 to 25.80. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @31.65 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37
Mansfield-2.38
10 Day High33.62
10 Day Low25.58
20 Day High33.62
20 Day Low23.66
52 Week High56
52 Week Low21.51
Performance
1 Week-13.45%
2 Weeks-9.63%
1 Month15.6%
3 Month-20.19%
6 Month-40.35%
12 Month7.36%
2 Year162.43%
3 Year100.07%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.29
RSI(14)45.31
LBB25.93
UBB34.65
27.87
-0.82 (-2.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.86%
1 Week-13.45%
2 Weeks-9.63%
1 Month15.6%
3 Month-20.19%
6 Month-40.35%
12 Month7.36%
2 Year162.43%
3 Year100.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.16
ATR(20)%7.54%
ATR Inc64%
Range Today2.45
ADR(20)2.05
ADR(20)%7.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37
Mansfield-2.38
10 Day High33.62
10 Day Low25.58
20 Day High33.62
20 Day Low23.66
52 Week High56
52 Week Low21.51
CS1 End26.67
CR1 Start31.65
Volume & EV
DER(3)-0.63%
DER(5)-1.23%
Volume1.15M
Volume Incr34.97%
Vol(5)2.02M
Vol(50)1.60M