Taking everything into account, RZLT scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RZLT is showing a nice and steady performance.
Besides having an excellent technical rating, RZLT also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 8.99, a Stop Loss order could be placed below this zone.
More info and screens
8.79
We found 1 important support area.
- A support zone ranging from 8.88 to 8.99. This zone is formed by a combination of multiple trend lines and important moving averages 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 RZLT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RZLT is neutral. |
| ChartMill Relative Strength | 93.66 | POSITIVE | RZLT has a high relative strength, it outperformed 93.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RZLT is below 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) | 49.42 | NEUTRAL | The RSI value for RZLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests RZLT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.41 | OVERSOLD | The low Stochastics value suggests RZLT may be oversold. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for RZLT suggests high volalility. |
| Average Directional Index/ADX (14) | 29.38 | POSITIVE | The high ADX value value for RZLT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.58 | 8.87 | 0.71 (7.46%) | 13.41% |
| An entry @9.58. This is a Buy Stop order right above the 10 day moving average. | An exit @8.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.71 points, which is 7.46%. | For a 1.00% total portfolio risk, you can invest 13.41% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RZLT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.47
+0.58 (+6.52%)
REZOLUTE INC / RZLT FAQ
What is the technical rating for RZLT stock?
ChartMill assigns a technical rating of 8 / 10 to RZLT.
What is the trend direction for RZLT stock?
The current trend direction for REZOLUTE INC (RZLT) is Bullish.
What is the RSI signal for RZLT stock?
REZOLUTE INC (RZLT) has an RSI value of 49.4197. This indicates that the stock is currently neutral.
What is the support and resistance level for RZLT stock?
REZOLUTE INC (RZLT) has a support level at 8.99. Check the full technical report for our detailed analysis of RZLT support and resistance levels.