REZOLUTE INC (RZLT) Stock Technical Analysis
NASDAQ:RZLT - Nasdaq - US76200L3096 - Common Stock - Currency: USD
Overall RZLT gets a technical rating of 9 out of 10. Both in the recent history as in the last year, RZLT 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!
RZLT is one of the better performing stocks in the Biotechnology industry, it outperforms 86% of 556 stocks in the same industry.
RZLT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month RZLT has a been trading in the 4.12 - 6.38 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
RZLT has an average volume of 1183880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RZLT did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although RZLT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.46
6.36
We found 2 important support areas.
- A support zone ranging from 4.70 to 4.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.51 to 4.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 RZLT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RZLT is up. |
| ChartMill Relative Strength | 91.65 | POSITIVE | RZLT has a high relative strength, it outperformed 91.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RZLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RZLT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RZLT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.83 | OVERBOUGHT | The high RSI value suggests RZLT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RZLT has a positive trend. |
| Stochastics (14,3) | 90.22 | OVERBOUGHT | The high Stochastics value suggests RZLT may be overbought. |
| Average True Range in percent/ATR (20) | 5.4 | HIGH VOLATILITY | The high ATR as a percentage value for RZLT suggests high volalility. |
| Average Directional Index/ADX (14) | 46.35 | POSITIVE | The high ADX value value for RZLT 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)
6.3
+0.43 (+7.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.33%
1 Week16.88%
2 Weeks19.77%
1 Month46.17%
3 Month63.64%
6 Month30.98%
12 Month34.62%
2 Year236.9%
3 Year101.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%5.4%
ATR Inc61.85%
Range Today0.57
ADR(20)0.34
ADR(20)%5.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.65
Mansfield2.81
10 Day High6.38
10 Day Low5.07
20 Day High6.38
20 Day Low4.12
52 Week High6.38
52 Week Low2.21
CS1 End4.76
CR1 StartN/A
Volume & EV
DER(3)7.28%
DER(5)5.89%
Volume1.37M
Volume Incr12.35%
Vol(5)1.70M
Vol(50)1.18M