Overall RPID gets a technical rating of 10 out of 10. RPID has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although RPID has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
2.71
5 important support areas can be observed.
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 RPID is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RPID is up. |
| ChartMill Relative Strength | 98.43 | POSITIVE | RPID has a high relative strength, it outperformed 98.43% 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) | 70.7 | OVERBOUGHT | The high RSI value suggests RPID may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests RPID has a positive trend. |
| Stochastics (14,3) | 89.74 | OVERBOUGHT | The high Stochastics value suggests RPID may be overbought. |
| Average True Range in percent/ATR (20) | 6.71 | HIGH VOLATILITY | The high ATR as a percentage value for RPID suggests high volalility. |
| Average Directional Index/ADX (14) | 30.16 | POSITIVE | The high ADX value value for RPID suggests a strong trend. |
4.61
+0.21 (+4.77%)
ChartMill assigns a technical rating of 10 / 10 to RPID.
The current trend direction for RAPID MICRO BIOSYSTEMS INC-A (RPID) is Bearish.
RAPID MICRO BIOSYSTEMS INC-A (RPID) has an RSI value of 70.7041. This indicates that the stock is currently overbought.
The MACD indicator for RAPID MICRO BIOSYSTEMS INC-A (RPID) has a value of 0.182435, indicating a bearish trend.