Overall SHPH gets a technical rating of 0 out of 10. SHPH'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.
SHPH has a poor technical rating and the quality of the setup is also not perfect 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.
1.77
We can see 2 important resistance areas.
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 SHPH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHPH is down. |
| ChartMill Relative Strength | 1.55 | NEGATIVE | SHPH has a low relative strength, it was outperformed by 98.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SHPH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHPH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHPH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.18 | NEUTRAL | The RSI value for SHPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests SHPH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.52 | NEUTRAL | The Stochastics value for SHPH is a neutral value. |
| Average True Range in percent/ATR (20) | 13.78 | HIGH VOLATILITY | The high ATR as a percentage value for SHPH suggests high volalility. |
| Average Directional Index/ADX (14) | 27.83 | POSITIVE | The high ADX value value for SHPH suggests a strong trend. |
1.79
0 (0%)
ChartMill assigns a technical rating of 0 / 10 to SHPH.
The current trend direction for SHUTTLE PHARMACEUTICALS HOLD (SHPH) is Bearish.
SHUTTLE PHARMACEUTICALS HOLD (SHPH) has an RSI value of 42.181. This indicates that the stock is currently neutral.
The MACD indicator for SHUTTLE PHARMACEUTICALS HOLD (SHPH) has a value of 0.0930762, indicating a bearish trend.
The buy/sell signal for SHUTTLE PHARMACEUTICALS HOLD (SHPH) is sell as both the short term and long term trends are negative.