TRANSCODE THERAPEUTICS INC (RNAZ) Stock Technical Analysis
NASDAQ:RNAZ • US89357L5012
We assign a technical rating of 2 out of 10 to RNAZ. RNAZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- 92% of all other stocks performed better in the past year than RNAZ.
- RNAZ is one of the lesser performing stocks in the Biotechnology industry. 74% of 521 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.
- In the last month RNAZ has a been trading in the 7.99 - 12.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, RNAZ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RNAZ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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6.72
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.90 to 8.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.57 to 8.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.79 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.80 to 9.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.73 from a horizontal line in the daily time frame.
- Resistance @11.51 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 | 8.57 | NEGATIVE | RNAZ has a low relative strength, it was outperformed by 91.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RNAZ is below a declining 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 | MIXED | The current price of RNAZ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.1 | NEUTRAL | The RSI value for RNAZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests RNAZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.61 | NEUTRAL | The Stochastics value for RNAZ is a neutral value. |
| Average True Range in percent/ATR (20) | 13.53 | HIGH VOLATILITY | The high ATR as a percentage value for RNAZ suggests high volalility. |
| Average Directional Index/ADX (14) | 17.1 | NEGATIVE | The low ADX value for RNAZ suggests a weak or negative trend. |
NASDAQ:RNAZ (2/23/2026, 8:13:50 PM)
9.67
-0.02 (-0.21%)
TRANSCODE THERAPEUTICS INC / RNAZ FAQ
What is the ChartMill technical rating of TRANSCODE THERAPEUTICS INC (RNAZ) stock?
ChartMill assigns a technical rating of 2 / 10 to RNAZ.
What is the trend direction for RNAZ stock?
The current trend direction for TRANSCODE THERAPEUTICS INC (RNAZ) is Bearish.
What is the RSI signal for RNAZ stock?
TRANSCODE THERAPEUTICS INC (RNAZ) has an RSI value of 51.1033. This indicates that the stock is currently neutral.
What is the MACD signal for RNAZ stock?
The MACD indicator for TRANSCODE THERAPEUTICS INC (RNAZ) has a value of -0.063353, indicating a bearish trend.
What is the short term momentum for TRANSCODE THERAPEUTICS INC (RNAZ) stock?
The short term momentum for TRANSCODE THERAPEUTICS INC (RNAZ) is neutral.