TRANSCODE THERAPEUTICS INC (RNAZ) Stock Technical Analysis
NASDAQ:RNAZ - US89357L4023 - Common Stock
10.97 USD
+0.47 (+4.48%)
Overall RNAZ gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. RNAZ was also a bad performer in the overall market in the last year.
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.
When comparing the yearly performance of all stocks, RNAZ is a bad performer in the overall market: 91% of all stocks are doing better.
RNAZ is one of the lesser performing stocks in the Biotechnology industry. 63% of 542 stocks in the same industry do better.
RNAZ 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month RNAZ has a been trading in the 9.29 - 11.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RNAZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 10.22, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.32
13.12
We found 3 important support areas.
- A support zone ranging from 10.00 to 10.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.72 from a horizontal line in the weekly time frame.
- Support @9.41 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @11.75 from a horizontal line in the weekly time frame.
- Resistance @12.99 from a trend 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 RNAZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RNAZ is neutral. |
| ChartMill Relative Strength | 9.88 | NEGATIVE | RNAZ has a low relative strength, it was outperformed by 90.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RNAZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RNAZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RNAZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.69 | NEUTRAL | The RSI value for RNAZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RNAZ has a positive trend. |
| Stochastics (14,3) | 66.53 | NEUTRAL | The Stochastics value for RNAZ is a neutral value. |
| Average True Range in percent/ATR (20) | 6.79 | HIGH VOLATILITY | The high ATR as a percentage value for RNAZ suggests high volalility. |
| Average Directional Index/ADX (14) | 27.8 | POSITIVE | The high ADX value value for RNAZ 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)
NASDAQ:RNAZ (9/5/2025, 8:00:02 PM)
10.97
+0.47 (+4.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.48%
1 Week11.03%
2 Weeks16.45%
1 Month3%
3 Month53.64%
6 Month-75.05%
12 Month-95.5%
2 Year-99.94%
3 Year-100%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%6.79%
ATR Inc-12.33%
Range Today0.97
ADR(20)0.71
ADR(20)%6.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.88
Mansfield-9.34
10 Day High10.97
10 Day Low9.29
20 Day High11.75
20 Day Low9.29
52 Week High739.2
52 Week Low6.15
CS1 End10.22
CR1 Start11.75
Volume & EV
DER(3)0.7%
DER(5)0.55%
Volume16.20K
Volume Incr-31.78%
Vol(5)12.48K
Vol(50)111.51K