Overall RYTM gets a technical rating of 4 out of 10. Although RYTM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
RYTM has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
56.63
We found 2 important support areas.
- A support zone ranging from 95.52 to 95.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @57.20 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 104.27 to 105.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 112.88 to 113.76. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for RYTM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RYTM is down. |
| ChartMill Relative Strength | 90.28 | POSITIVE | RYTM has a high relative strength, it outperformed 90.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RYTM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RYTM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RYTM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.39 | NEUTRAL | The RSI value for RYTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.48 | NEGATIVE | The MACD value suggests RYTM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.7 | OVERSOLD | The low Stochastics value suggests RYTM may be oversold. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for RYTM suggests high volalility. |
| Average Directional Index/ADX (14) | 20 | NEUTRAL | The ADX value for RYTM suggests a possible start of a new trend. |
101.02
+3.56 (+3.65%)
RHYTHM PHARMACEUTICALS INC / RYTM FAQ
What is the technical rating for RYTM stock?
ChartMill assigns a technical rating of 4 / 10 to RYTM.
What is the current trend direction of RHYTHM PHARMACEUTICALS INC (RYTM) stock?
The current trend direction for RHYTHM PHARMACEUTICALS INC (RYTM) is Bearish.
What is the RSI signal for RHYTHM PHARMACEUTICALS INC (RYTM) stock?
RHYTHM PHARMACEUTICALS INC (RYTM) has an RSI value of 42.3887. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RHYTHM PHARMACEUTICALS INC?
The MACD indicator for RHYTHM PHARMACEUTICALS INC (RYTM) has a value of -1.47751, indicating a bearish trend.
What is the short term momentum for RYTM stock?
The short term momentum for RHYTHM PHARMACEUTICALS INC (RYTM) is negative.