USA - NASDAQ:SHPH - US8256934014 - Common Stock
Taking everything into account, SHPH scores 2 out of 10 in our technical rating. 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.
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.
3.26
When analyzing the support we notice one important area.
3 important resistance areas can be observed.
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 | 3.75 | NEGATIVE | SHPH has a low relative strength, it was outperformed by 96.25% 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) | 43.94 | 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) | 18.34 | OVERSOLD | The low Stochastics value suggests SHPH may be oversold. |
Average True Range in percent/ATR (20) | 13.97 | HIGH VOLATILITY | The high ATR as a percentage value for SHPH suggests high volalility. |
Average Directional Index/ADX (14) | 24.3 | NEUTRAL | The ADX value for SHPH suggests a possible start of a new trend. |
3.63
-0.05 (-1.36%)