Overall RPRX gets a technical rating of 8 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.
RPRX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 38.58, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
34.54
When analyzing the support we can see 4 important areas.
- A support zone ranging from 38.03 to 38.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.98 from a trend line in the daily time frame.
- Support @36.37 from a horizontal line in the daily time frame.
- A support zone ranging from 34.89 to 35.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 40.78 to 40.79. This zone is formed by a combination of multiple trend lines in the daily 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 | 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 | 88.69 | POSITIVE | RPRX has a high relative strength, it outperformed 88.69% 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) | 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) | 49.22 | NEUTRAL | The RSI value for RPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests RPRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.27 | NEUTRAL | The Stochastics value for RPRX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for RPRX suggests some volalility. |
| Average Directional Index/ADX (14) | 14 | NEGATIVE | The low ADX value for RPRX suggests a weak or negative 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 |
|---|---|---|---|
| 39.79 | 38.02 | 1.77 (4.45%) | 22.48% |
| An entry @39.79. This is a Buy Stop order right above the 10 day high. | An exit @38.02. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.77 points, which is 4.45%. | For a 1.00% total portfolio risk, you can invest 22.48% 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.
38.6
+0.17 (+0.44%)
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 8 / 10 to RPRX.
What is the current trend direction of ROYALTY PHARMA PLC- CL A (RPRX) stock?
The current trend direction for ROYALTY PHARMA PLC- CL A (RPRX) is Bullish.
Can you provide the RSI signal for ROYALTY PHARMA PLC- CL A?
ROYALTY PHARMA PLC- CL A (RPRX) has an RSI value of 49.2233. This indicates that the stock is currently neutral.
What is the support and resistance level for RPRX stock?
ROYALTY PHARMA PLC- CL A (RPRX) has a support level at 38.58 and a resistance level at 40.78. Check the full technical report for our detailed analysis of RPRX support and resistance levels.