REZOLUTE INC (RZLT) Technical Analysis
NASDAQ:RZLT • US76200L3096
Current stock price
RZLT Technical Rating and Analysis
Overall RZLT gets a technical rating of 2 out of 10. RZLT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- RZLT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RZLT is lagging the market.
- In the last month RZLT has a been trading in the 2.29 - 3.67 range, which is quite wide. It is currently trading near the lows of this range.
- RZLT has an average volume of 3147140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that RZLT is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- RZLT is an average performer in the Biotechnology industry, it outperforms 59% of 517 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
RZLT Weekly and Daily overview Charts
RZLT Setup Rating and Analysis
The technical rating of RZLT is bad and it also does not present a 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
RZLT Support and Resistance Analysis
2.35
When analyzing the support we notice one important area.
- Support @2.37 from a horizontal line in the daily time frame.
RZLT Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for RZLT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RZLT is down. |
| ChartMill Relative Strength | 76.77 | POSITIVE | RZLT has a high relative strength, it outperformed 76.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RZLT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RZLT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RZLT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.13 | NEUTRAL | The RSI value for RZLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests RZLT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.14 | OVERSOLD | The low Stochastics value suggests RZLT may be oversold. |
| Average True Range in percent/ATR (20) | 10.45 | HIGH VOLATILITY | The high ATR as a percentage value for RZLT suggests high volalility. |
| Average Directional Index/ADX (14) | 17.2 | NEGATIVE | The low ADX value for RZLT suggests a weak or negative trend. |
RZLT Chart- and CandleStick Pattern Analysis
RZLT Technicals: Chart, Performance Metrics, Trend & Indicators
2.49
+0.02 (+0.81%)
REZOLUTE INC / RZLT TA FAQ
What is the technical rating for RZLT stock?
ChartMill assigns a technical rating of 2 / 10 to RZLT.
Can you provide the trend direction for REZOLUTE INC?
The current trend direction for REZOLUTE INC (RZLT) is Bearish.
What is the RSI signal for RZLT stock?
REZOLUTE INC (RZLT) has an RSI value of 36.1276. This indicates that the stock is currently neutral.
Can you provide the MACD signal for REZOLUTE INC?
The MACD indicator for REZOLUTE INC (RZLT) has a value of -0.0729657, indicating a bearish trend.
What is the buy/sell signal for RZLT stock?
The buy/sell signal for REZOLUTE INC (RZLT) is sell as both the short term and long term trends are negative.