Overall SHPH gets a technical rating of 0 out of 10. SHPH 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.
- 97% of all other stocks performed better in the past year than SHPH.
- SHPH is part of the Biotechnology industry. There are 524 other stocks in this industry, of which 84% are performing better than SHPH.
- SHPH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SHPH has a been trading in the 1.29 - 4.44 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.
- SHPH has an average volume of 3182840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
SHPH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1.41
2 important support areas can be observed.
- Support @1.48 from a trend line in the daily time frame.
- A support zone ranging from 1.42 to 1.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @2.22 from a trend line 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 | 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 | 3.34 | NEGATIVE | SHPH has a low relative strength, it was outperformed by 96.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHPH is below 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) | 41.62 | NEUTRAL | The RSI value for SHPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SHPH has a negative trend. |
| Stochastics (14,3) | 8.34 | OVERSOLD | The low Stochastics value suggests SHPH may be oversold. |
| Average True Range in percent/ATR (20) | 29.89 | HIGH VOLATILITY | The high ATR as a percentage value for SHPH suggests high volalility. |
| Average Directional Index/ADX (14) | 34.29 | POSITIVE | The high ADX value value for SHPH suggests a strong trend. |
1.57
-0.04 (-2.48%)
SHUTTLE PHARMACEUTICALS HOLD / SHPH FAQ
What is the ChartMill technical rating of SHUTTLE PHARMACEUTICALS HOLD (SHPH) stock?
ChartMill assigns a technical rating of 0 / 10 to SHPH.
What is the trend direction for SHPH stock?
The current trend direction for SHUTTLE PHARMACEUTICALS HOLD (SHPH) is Bearish.
Can you provide the RSI signal for SHUTTLE PHARMACEUTICALS HOLD?
SHUTTLE PHARMACEUTICALS HOLD (SHPH) has an RSI value of 41.6213. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SHUTTLE PHARMACEUTICALS HOLD?
The MACD indicator for SHUTTLE PHARMACEUTICALS HOLD (SHPH) has a value of -0.052144, indicating a bearish trend.
What is the support and resistance level for SHPH stock?
SHUTTLE PHARMACEUTICALS HOLD (SHPH) has a support level at 1.48 and a resistance level at 2.22. Check the full technical report for our detailed analysis of SHPH support and resistance levels.