Rosetta Genomics Ltd (ROSG) Stock Technical Analysis
NASDAQ:ROSG
Overall ROSG gets a technical rating of 4 out of 10. 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.
- When comparing the yearly performance of all stocks, ROSG is a bad performer in the overall market: 86% of all stocks are doing better.
- ROSG 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.
- ROSG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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.
More info and screens
0.35
We found 3 important support areas.
- 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.
We can see 2 important resistance 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%)
Rosetta Genomics Ltd / ROSG FAQ
Can you provide the ChartMill technical rating for Rosetta Genomics Ltd?
ChartMill assigns a technical rating of 4 / 10 to ROSG.
What is the current trend direction of Rosetta Genomics Ltd (ROSG) stock?
The current trend direction for Rosetta Genomics Ltd (ROSG) is Bearish.
What is the RSI signal for Rosetta Genomics Ltd (ROSG) stock?
Rosetta Genomics Ltd (ROSG) has an RSI value of 55.2755. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Rosetta Genomics Ltd?
The short term momentum for Rosetta Genomics Ltd (ROSG) is positive.
Can you provide the support and resistance levels for Rosetta Genomics Ltd?
Rosetta Genomics Ltd (ROSG) has a support level at 0.41 and a resistance level at 0.43. Check the full technical report for our detailed analysis of ROSG support and resistance levels.