ROYALTY PHARMA PLC- CL A (RPRX) Technical Analysis
NASDAQ:RPRX • GB00BMVP7Y09
Current stock price
RPRX Technical Rating and Analysis
Taking everything into account, RPRX scores 10 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that RPRX is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by RPRX over the past year are nicely spread over this period.
- RPRX is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. RPRX outperforms 74% of them.
- RPRX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so RPRX is leading the market.
- In the last month RPRX has a been trading in the 44.67 - 47.86 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- RPRX has an average volume of 3744560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RPRX Weekly and Daily overview Charts
RPRX Setup Rating and Analysis
Besides having an excellent technical rating, RPRX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 46.08, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
RPRX Support and Resistance Analysis
35.15
When analyzing the support we can see 5 important areas.
- A support zone ranging from 45.40 to 46.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.26 to 41.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.39 to 38.97. 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.
- Resistance @47.49 from a horizontal line in the daily time frame.
RPRX Technical Indicator Signal Analysis
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 | 86.1 | POSITIVE | RPRX has a high relative strength, it outperformed 86.1% 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) | 58.24 | NEUTRAL | The RSI value for RPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests RPRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.13 | NEUTRAL | The Stochastics value for RPRX is a neutral value. |
| 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) | 23.63 | NEUTRAL | The ADX value for RPRX suggests a possible start of a new trend. |
RPRX Chart- and CandleStick Pattern Analysis
RPRX Example Setup
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 |
|---|---|---|---|
| 47.50 | 45.39 | 2.11 (4.44%) | 22.51% |
| An entry @47.50. This is a Buy Stop order right above the resistance zone. | An exit @45.39. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.11 points, which is 4.44%. | For a 1.00% total portfolio risk, you can invest 22.51% 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.
RPRX Technicals: Chart, Performance Metrics, Trend & Indicators
46.11
+0.01 (+0.02%)
ROYALTY PHARMA PLC- CL A / RPRX TA 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 58.2362. This indicates that the stock is currently neutral.
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 46.08 and a resistance level at 47.49. Check the full technical report for our detailed analysis of RPRX support and resistance levels.