We assign a technical rating of 0 out of 10 to RUBY. RUBY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, RUBY is a bad performer in the overall market: 99% of all stocks are doing better.
RUBY is one of the lesser performing stocks in the Biotechnology industry. 87% of 561 stocks in the same industry do better.
RUBY is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so RUBY is lagging the market.
In the last month RUBY has a been trading in the 0.08 - 0.38 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
RUBY has an average volume of 4962960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.