SELECTA BIOSCIENCES INC (SELB) Stock Technical Analysis
NASDAQ:SELB - Nasdaq - US8162121045 - Common Stock - Currency: USD
Overall SELB gets a technical rating of 0 out of 10. SELB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
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 is an average performer in the Biotechnology industry, it outperforms 47% of 555 stocks in the same industry.
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
0.87
1.24
When analyzing the resistance we notice 2 important 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.
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. |
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)
0.8812
-0.08 (-8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-8%
1 Week-19.89%
2 Weeks-30.06%
1 Month-21.32%
3 Month-22.02%
6 Month-22.7%
12 Month-37.06%
2 Year-70.63%
3 Year-73.77%
5 Year-85.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%8.26%
ATR Inc65%
Range Today0.13
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.97
Mansfield-3.31
10 Day High1.3
10 Day Low0.81
20 Day High1.3
20 Day Low0.81
52 Week High1.99
52 Week Low0.81
CS1 EndN/A
CR1 Start1.16
Volume & EV
DER(3)-9.73%
DER(5)-6.87%
Volume2.77M
Volume Incr110.19%
Vol(5)924.96K
Vol(50)542.61K