RENEO PHARMACEUTICALS INC (RPHM) Stock Technical Analysis
NASDAQ:RPHM - Nasdaq - US75974E1038 - Common Stock - Currency: USD
Taking everything into account, RPHM scores 6 out of 10 in our technical rating. In the last year, RPHM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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 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.
RPHM is an average performer in the Biotechnology industry, it outperforms 44% of 559 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RPHM has an average technical rating and the quality of the presented setup is also not ideal 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
1.33
1.85
When analyzing the support we can see 2 important areas.
- 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.82
+0.09 (+5.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.2%
1 Week9.64%
2 Weeks21.33%
1 Month27.27%
3 Month21.33%
6 Month6.43%
12 Month-77.97%
2 Year-48.3%
3 Year-72.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%7.14%
ATR Inc19.8%
Range Today0.22
ADR(20)0.13
ADR(20)%7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.98
Mansfield-4.06
10 Day High1.9
10 Day Low1.35
20 Day High1.9
20 Day Low1.25
52 Week High9.21
52 Week Low0.98
CS1 End1.66
CR1 Start1.83
Volume & EV
DER(3)1.27%
DER(5)-0.27%
Volume437.50K
Volume Incr11.29%
Vol(5)304.44K
Vol(50)189.80K