RAPID MICRO BIOSYSTEMS INC-A (RPID) Stock Technical Analysis
NASDAQ:RPID - Nasdaq - US75340L1044 - Common Stock - Currency: USD
Overall RPID gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RPID has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, RPID did better than 98% of all other stocks.
RPID is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 98% of 55 stocks in the same industry.
RPID is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RPID is performing more or less in line with the market.
In the last month RPID has a been trading in the 2.20 - 3.84 range, which is quite wide. It is currently trading near the high of this range.
Although RPID has an excellent technical rating, it does not offer a high quality setup 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
2.48
3.60
We found 2 important support areas.
- Support @3.14 from a horizontal line in the daily time frame.
- A support zone ranging from 2.51 to 2.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.49 to 3.56. 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 | UP | POSITIVE | The long term trend for RPID is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RPID is up. |
| ChartMill Relative Strength | 98.9 | POSITIVE | RPID has a high relative strength, it outperformed 98.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RPID is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RPID is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RPID is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.61 | NEUTRAL | The RSI value for RPID is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RPID has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.36 | NEUTRAL | The Stochastics value for RPID is a neutral value. |
| Average True Range in percent/ATR (20) | 8.29 | HIGH VOLATILITY | The high ATR as a percentage value for RPID suggests high volalility. |
| Average Directional Index/ADX (14) | 37.89 | POSITIVE | The high ADX value value for RPID suggests a strong 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)
3.33
-0.04 (-1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-1.19%
1 Week5.71%
2 Weeks8.82%
1 Month48%
3 Month9.18%
6 Month218.66%
12 Month316.25%
2 Year217.14%
3 Year-33.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%8.29%
ATR Inc-41.15%
Range Today0.12
ADR(20)0.26
ADR(20)%7.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.9
Mansfield11.09
10 Day High3.84
10 Day Low3.1
20 Day High3.84
20 Day Low2.2
52 Week High4.04
52 Week Low0.58
CS1 End3.14
CR1 Start3.49
Volume & EV
DER(3)-10.69%
DER(5)-1.82%
Volume42.40K
Volume Incr-33.1%
Vol(5)105.26K
Vol(50)154.20K