SHUTTLE PHARMACEUTICALS HOLD (SHPH) Stock Technical Analysis
USA - NASDAQ:SHPH - US8256934014 - Common Stock
3.68 USD
+0.05 (+1.38%)
3.65 USD
-0.03 (-0.82%)
Taking everything into account, SHPH scores 1 out of 10 in our technical rating. 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.
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, SHPH is a bad performer in the overall market: 97% of all stocks are doing better.
SHPH is part of the Biotechnology industry. There are 534 other stocks in this industry, of which 83% 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 3.30 - 5.59 range, which is quite wide. It is currently trading near the lows of this range.
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. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.32, a Stop Loss order could be placed below this zone.
More info and screens
3.26
4.75
We found 1 important support area.
- A support zone ranging from 3.29 to 3.32. This zone is formed by a combination of multiple trend lines in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 3.69 to 3.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.98 to 4.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.42 from a trend line in the daily time frame.
- Resistance @4.70 from a horizontal 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 | 3.59 | NEGATIVE | SHPH has a low relative strength, it was outperformed by 96.41% 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) | UP | MIXED | The current price of SHPH is below the rising 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) | 44.98 | NEUTRAL | The RSI value for SHPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SHPH has a negative trend. |
| Stochastics (14,3) | 15.87 | OVERSOLD | The low Stochastics value suggests SHPH may be oversold. |
| Average True Range in percent/ATR (20) | 12.85 | HIGH VOLATILITY | The high ATR as a percentage value for SHPH suggests high volalility. |
| Average Directional Index/ADX (14) | 23.65 | NEUTRAL | The ADX value for SHPH suggests a possible start of a new 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)
3.68
+0.05 (+1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.38%
1 Week-3.16%
2 Weeks-14.62%
1 Month-15.4%
3 Month-4.91%
6 Month-52.52%
12 Month-88.22%
2 Year-96.08%
3 Year-99.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%12.85%
ATR Inc-36.77%
Range Today0.35
ADR(20)0.46
ADR(20)%12.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.59
Mansfield-7
10 Day High5.59
10 Day Low3.3
20 Day High5.59
20 Day Low3.3
52 Week High56.25
52 Week Low3
CS1 End3.32
CR1 Start3.69
Volume & EV
DER(3)-7.79%
DER(5)-0.67%
Volume16.92K
Volume Incr-83.69%
Vol(5)50.76K
Vol(50)144.85K