Rosetta Genomics Ltd (ROSG) Stock Technical Analysis
NASDAQ:ROSG - Nasdaq -
Taking everything into account, ROSG scores 4 out of 10 in our technical rating. In the past year, ROSG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, ROSG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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.
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0.35
3 important support areas can be observed.
- A support zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.37 from a horizontal line in the weekly time frame.
- Support @0.35 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 0.45 to 0.45. 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 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%)