RESHAPE LIFESCIENCES INC (RSLS)

US76090R2004 - Common Stock

0.1835  +0 (+1.27%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to RSLS. RSLS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, RSLS is a bad performer in the overall market: 98% of all stocks are doing better.
RSLS is part of the Health Care Equipment & Supplies industry. There are 196 other stocks in this industry, of which 90% are performing better than RSLS.
RSLS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month RSLS has a been trading in the 0.15 - 0.19 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
RSLS Weekly chart
RSLS Daily chart
Setup Rating and Analysis

7

RSLS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.17, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RSLS in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.16

0.19

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.16 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.98
Mansfield-8.46
10 Day High0.19
10 Day Low0.16
20 Day High0.19
20 Day Low0.15
52 Week High4.1
52 Week Low0.14
Performance
1 Week5.35%
2 Weeks3.6%
1 Month5.04%
3 Month-27.43%
6 Month-46.39%
12 Month-92.95%
2 Year-84.64%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)52.74
LBB0.16
UBB0.19
RSLS Daily chart

RESHAPE LIFESCIENCES INC

NASDAQ:RSLS (3/28/2024, 11:19:32 AM)

0.1835

+0 (+1.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.27%
1 Week5.35%
2 Weeks3.6%
1 Month5.04%
3 Month-27.43%
6 Month-46.39%
12 Month-92.95%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.01
ATR(20)%8.44%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.19
10 Day Low0.16
20 Day High0.19
20 Day Low0.15
52 Week High4.1
52 Week Low0.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume651.23K
Volume Incr-8.35%
Vol(5)514.70K
Vol(50)678.93K