ROYALTY PHARMA PLC- CL A (RPRX) Stock Technical Analysis
USA - NASDAQ:RPRX - GB00BMVP7Y09 - Common Stock
35.44 USD
-0.57 (-1.58%)
34.99 USD
-0.45 (-1.27%)
Overall RPRX gets a technical rating of 6 out of 10. RPRX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that RPRX is one of the better performing stocks in the market, outperforming 76% of all stocks. On top of that, RPRX also shows a nice and consistent pattern of rising prices.
RPRX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RPRX is lagging the market slightly.
RPRX has an average volume of 4255490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RPRX is an average performer in the Pharmaceuticals industry, it outperforms 63% of 195 stocks in the same industry.
In the last month RPRX has a been trading in a tight range between 34.63 and 36.70.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, RPRX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 35.32, a Stop Loss order could be placed below this zone.
More info and screens
30.95
38.30
When analyzing the support we can see 2 important areas.
- A support zone ranging from 34.89 to 35.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.26 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 35.79 to 36.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @36.88 from a horizontal line in the daily time frame.
- A resistance zone ranging from 37.59 to 37.92. 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 RPRX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RPRX is neutral. |
| ChartMill Relative Strength | 76.55 | POSITIVE | RPRX has a high relative strength, it outperformed 76.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RPRX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RPRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RPRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.17 | NEUTRAL | The RSI value for RPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RPRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.77 | NEUTRAL | The Stochastics value for RPRX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for RPRX suggests low volalility. |
| Average Directional Index/ADX (14) | 11.9 | NEGATIVE | The low ADX value for RPRX suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.18 | 34.95 | 1.23 (3.40%) | 25.00% |
| An entry @36.18. This is a Buy Stop order right above the resistance zone. | An exit @34.95. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.23 points, which is 3.40%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
35.44
-0.57 (-1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.58%
1 Week-1.91%
2 Weeks0.54%
1 Month0.83%
3 Month-0.42%
6 Month8.71%
12 Month26.66%
2 Year31.89%
3 Year-16.26%
5 Year-3.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%1.97%
ATR Inc-19.22%
Range Today0.75
ADR(20)0.68
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.55
Mansfield-0.06
10 Day High36.67
10 Day Low34.96
20 Day High36.7
20 Day Low34.63
52 Week High38
52 Week Low24.05
CS1 End35.32
CR1 Start35.79
Volume & EV
DER(3)-2.84%
DER(5)-2.56%
Volume1.77M
Volume Incr-64.37%
Vol(5)1.92M
Vol(50)4.26M