RENEO PHARMACEUTICALS INC (RPHM) Technical Analysis
NASDAQ:RPHM • US75974E1038
Current stock price
RPHM Technical Rating and Analysis
Taking everything into account, RPHM scores 6 out of 10 in our technical rating. RPHM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, RPHM is a bad performer in the overall market: 90% of all stocks are doing better.
- RPHM is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 72% are performing better than RPHM.
- RPHM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RPHM is lagging the market.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month RPHM has a been trading in the 1.25 - 1.90 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RPHM Weekly and Daily overview Charts
RPHM Setup Rating and Analysis
RPHM has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
RPHM Support and Resistance Analysis
1.33
2 important support areas can be observed.
- A support zone ranging from 1.62 to 1.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.34 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.83 from a horizontal line in the weekly time frame.
RPHM Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for RPHM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RPHM is up. |
| ChartMill Relative Strength | 10.98 | NEGATIVE | RPHM has a low relative strength, it was outperformed by 89.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RPHM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RPHM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RPHM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.89 | NEUTRAL | The RSI value for RPHM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests RPHM has a positive trend. |
| Stochastics (14,3) | 87.71 | OVERBOUGHT | The high Stochastics value suggests RPHM may be overbought. |
| Average True Range in percent/ATR (20) | 7.14 | HIGH VOLATILITY | The high ATR as a percentage value for RPHM suggests high volalility. |
| Average Directional Index/ADX (14) | 22.72 | NEUTRAL | The ADX value for RPHM suggests a possible start of a new trend. |
RPHM Chart- and CandleStick Pattern Analysis
RPHM Technicals: Chart, Performance Metrics, Trend & Indicators
1.82
+0.09 (+5.2%)
RENEO PHARMACEUTICALS INC / RPHM TA FAQ
Can you provide the ChartMill technical rating for RENEO PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 6 / 10 to RPHM.
What is the current trend direction of RENEO PHARMACEUTICALS INC (RPHM) stock?
The current trend direction for RENEO PHARMACEUTICALS INC (RPHM) is Bearish.
Can you provide the RSI signal for RENEO PHARMACEUTICALS INC?
RENEO PHARMACEUTICALS INC (RPHM) has an RSI value of 69.8898. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RENEO PHARMACEUTICALS INC?
The MACD indicator for RENEO PHARMACEUTICALS INC (RPHM) has a value of 0.035676, indicating a bearish trend.