SELECTA BIOSCIENCES INC (SELB) Technical Analysis
NASDAQ:SELB • US8162121045
Current stock price
SELB Technical Rating and Analysis
Overall SELB gets a technical rating of 0 out of 10. SELB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SELB is a bad performer in the overall market: 86% of all stocks are doing better.
- SELB is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 65% are performing better than SELB.
- SELB is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SELB is lagging the market.
- In the last month SELB has a been trading in the 0.81 - 1.30 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SELB Weekly and Daily overview Charts
SELB Setup Rating and Analysis
The technical rating of SELB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SELB Support and Resistance Analysis
0.87
We can see 2 important resistance areas.
- Resistance @1.16 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.22 to 1.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
SELB 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 SELB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SELB is down. |
| ChartMill Relative Strength | 14.97 | NEGATIVE | SELB has a low relative strength, it was outperformed by 85.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SELB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SELB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SELB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.74 | OVERSOLD | The low RSI value suggests SELB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SELB has a negative trend. |
| Stochastics (14,3) | 6.66 | OVERSOLD | The low Stochastics value suggests SELB may be oversold. |
| Average True Range in percent/ATR (20) | 8.26 | HIGH VOLATILITY | The high ATR as a percentage value for SELB suggests high volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for SELB suggests a weak or negative trend. |
SELB Chart- and CandleStick Pattern Analysis
SELB Technicals: Chart, Performance Metrics, Trend & Indicators
0.8812
-0.08 (-8%)
SELECTA BIOSCIENCES INC / SELB TA FAQ
What is the technical rating for SELB stock?
ChartMill assigns a technical rating of 0 / 10 to SELB.
What is the trend direction for SELB stock?
The current trend direction for SELECTA BIOSCIENCES INC (SELB) is Bearish.
What is the RSI signal for SELB stock?
SELECTA BIOSCIENCES INC (SELB) has an RSI value of 28.7369. This indicates that the stock is currently oversold.
What is the buy/sell signal for SELECTA BIOSCIENCES INC (SELB) stock?
The buy/sell signal for SELECTA BIOSCIENCES INC (SELB) is sell as both the short term and long term trends are negative.
What is the support and resistance level for SELB stock?
SELECTA BIOSCIENCES INC (SELB) has a resistance level at 1.16. Check the full technical report for our detailed analysis of SELB support and resistance levels.