ROYALTY PHARMA PLC- CL A (RPRX) Stock Technical Analysis
NASDAQ:RPRX - Nasdaq - GB00BMVP7Y09 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to RPRX. 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 80% 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 part of the Pharmaceuticals industry. There are 195 other stocks in this industry. RPRX outperforms 75% of them.
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.
RPRX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
RPRX has an average volume of 5006810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, RPRX also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 35.93. Right above this resistance zone may be a good entry point.
More info and screens
30.53
36.74
4 important support areas can be observed.
- Support @34.86 from a trend line in the daily time frame.
- Support @33.28 from a trend line in the daily time frame.
- Support @32.46 from a horizontal line in the daily time frame.
- A support zone ranging from 30.84 to 31.26. 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 35.93 to 36.38. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 80.9 | POSITIVE | RPRX has a high relative strength, it outperformed 80.9% 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) | 57.73 | NEUTRAL | The RSI value for RPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests RPRX has a negative trend. |
| Stochastics (14,3) | 70.06 | 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) | 25.25 | POSITIVE | The high ADX value value for RPRX suggests a strong 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 |
|---|---|---|---|
| 36.39 | 35.21 | 1.18 (3.24%) | 25.00% |
| An entry @36.39. This is a Buy Stop order right above the resistance zone. | An exit @35.21. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.18 points, which is 3.24%. | For a 0.81% total portfolio risk, you can invest 25.00% 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.
35.84
-0.28 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.78%
1 Week-1.46%
2 Weeks1.62%
1 Month5.26%
3 Month12.18%
6 Month21.53%
12 Month33.88%
2 Year14.21%
3 Year-17.59%
5 Year-16.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%1.92%
ATR Inc-0.9%
Range Today0.57
ADR(20)0.67
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.9
Mansfield1
10 Day High36.56
10 Day Low35.22
20 Day High36.56
20 Day Low34.14
52 Week High36.56
52 Week Low24.05
CS1 End34.86
CR1 Start35.93
Volume & EV
DER(3)2.25%
DER(5)-0.02%
Volume1.69M
Volume Incr-15.1%
Vol(5)3.74M
Vol(50)5.01M