We assign a technical rating of 4 out of 10 to ROSG. Recently some decent action could be observed, but in the medium term time frame this is still negative. ROSG was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, ROSG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.41, a Stop Loss order could be placed below this zone.
0.35
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
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 ROSG is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ROSG is up. |
| ChartMill Relative Strength | 14.9 | NEGATIVE | ROSG has a low relative strength, it was outperformed by 85.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROSG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROSG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ROSG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.28 | NEUTRAL | The RSI value for ROSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ROSG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for ROSG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.73 | HIGH VOLATILITY | The high ATR as a percentage value for ROSG suggests high volalility. |
NASDAQ:ROSG (5/21/2018, 8:00:00 PM)
0.43
0 (0%)
ChartMill assigns a technical rating of 4 / 10 to ROSG.
The current trend direction for Rosetta Genomics Ltd (ROSG) is Bearish.
Rosetta Genomics Ltd (ROSG) has an RSI value of 55.2755. This indicates that the stock is currently neutral.
The MACD indicator for Rosetta Genomics Ltd (ROSG) has a value of 0.0000431675, indicating a bearish trend.
The buy/sell signal for Rosetta Genomics Ltd (ROSG) is hold as the short term and long term trends are mixed.