ROYALTY PHARMA PLC- CL A (RPRX) Stock Technical Analysis
NASDAQ:RPRX • GB00BMVP7Y09
Overall RPRX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RPRX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, RPRX did better than 81% of all other stocks. We also observe that the gains produced by RPRX over the past year are nicely spread over this period.
- RPRX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month RPRX has a been trading in the 40.16 - 46.14 range, which is quite wide. It is currently trading near the high of this range.
- RPRX has an average volume of 3791770 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 67% of 192 stocks in the same industry.
Although RPRX has an excellent technical rating, the quality of the presented setup is 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
35.15
4 important support areas can be observed.
- A support zone ranging from 40.51 to 41.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.82 to 39.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.37 from a horizontal line in the daily time frame.
- Strong support @35.51 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 45.41 to 45.48. 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 | UP | POSITIVE | The short term trend for RPRX is up. |
| ChartMill Relative Strength | 81.42 | POSITIVE | RPRX has a high relative strength, it outperformed 81.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RPRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RPRX is above the rising 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) | 74.73 | OVERBOUGHT | The high RSI value suggests RPRX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RPRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.17 | OVERBOUGHT | The high Stochastics value suggests RPRX may be overbought. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for RPRX suggests low volalility. |
| Average Directional Index/ADX (14) | 28.51 | POSITIVE | The high ADX value value for RPRX suggests a strong trend. |
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 |
|---|---|---|---|
| 45.49 | 42.49 | 3.00 (6.59%) | 15.16% |
| An entry @45.49. This is a Buy Stop order right above the resistance zone. | An exit @42.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.00 points, which is 6.59%. | For a 1.00% total portfolio risk, you can invest 15.16% of your capital in this trade. |
- 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.
45.4
-0.07 (-0.15%)
ROYALTY PHARMA PLC- CL A / RPRX FAQ
Can you provide the ChartMill technical rating for ROYALTY PHARMA PLC- CL A?
ChartMill assigns a technical rating of 10 / 10 to RPRX.
What is the trend direction for RPRX stock?
The current trend direction for ROYALTY PHARMA PLC- CL A (RPRX) is Bullish.
What is the RSI signal for ROYALTY PHARMA PLC- CL A (RPRX) stock?
ROYALTY PHARMA PLC- CL A (RPRX) has an RSI value of 74.7258. This indicates that the stock is currently overbought.
What is the buy/sell signal for RPRX stock?
The buy/sell signal for ROYALTY PHARMA PLC- CL A (RPRX) is buy as both the short term and long term trends are positive.
What is the support and resistance level for RPRX stock?
ROYALTY PHARMA PLC- CL A (RPRX) has a support level at 41.19 and a resistance level at 45.41. Check the full technical report for our detailed analysis of RPRX support and resistance levels.