RHYTHM PHARMACEUTICALS INC (RYTM) Stock Technical Analysis
NASDAQ:RYTM - US76243J1051 - Common Stock
103.15 USD
-1.08 (-1.04%)
103.15 USD
0 (0%)
Overall RYTM gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RYTM 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!
When comparing the yearly performance of all stocks, we notice that RYTM is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by RYTM over the past year are nicely spread over this period.
RYTM is part of the Biotechnology industry. There are 547 other stocks in this industry. RYTM outperforms 92% of them.
RYTM 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.
In the last month RYTM has a been trading in the 85.73 - 104.93 range, which is quite wide. It is currently trading near the high of this range.
Although RYTM has an excellent technical rating, the quality of the presented setup is not ideal 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
53.30
105.27
3 important support areas can be observed.
- Support @73.09 from a trend line in the daily time frame.
- Support @68.43 from a trend line in the daily time frame.
- Support @53.84 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 103.27 to 104.23. 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 | UP | POSITIVE | The long term trend for RYTM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RYTM is up. |
| ChartMill Relative Strength | 96.43 | POSITIVE | RYTM has a high relative strength, it outperformed 96.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RYTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RYTM is above the rising 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) | 68.69 | NEUTRAL | The RSI value for RYTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RYTM has a negative trend. |
| Stochastics (14,3) | 87.83 | OVERBOUGHT | The high Stochastics value suggests RYTM may be overbought. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for RYTM suggests some volalility. |
| Average Directional Index/ADX (14) | 40.99 | POSITIVE | The high ADX value value for RYTM 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)
103.15
-1.08 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.04%
1 Week-0.12%
2 Weeks5.68%
1 Month16.82%
3 Month68.19%
6 Month87.85%
12 Month118.12%
2 Year296.58%
3 Year356.42%
5 Year249.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.94
ATR(20)%3.14%
ATR Inc-2.15%
Range Today2.86
ADR(20)3.18
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.43
Mansfield5.17
10 Day High104.93
10 Day Low93.64
20 Day High104.93
20 Day Low85.73
52 Week High104.93
52 Week Low45
CS1 End73.09
CR1 Start103.27
Volume & EV
DER(3)1.98%
DER(5)2.67%
Volume402.60K
Volume Incr-13.96%
Vol(5)501.64K
Vol(50)741.82K