SHUTTLE PHARMACEUTICALS HOLD (SHPH) Technical Analysis
NASDAQ:SHPH • US8256934014
We assign a technical rating of 0 out of 10 to SHPH. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SHPH is a bad performer in the overall market: 99% of all stocks are doing better.
- SHPH is one of the lesser performing stocks in the Biotechnology industry. 88% of 519 stocks in the same industry do better.
- 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 0.80 - 1.44 range, which is quite wide. It is currently trading near the lows of this range.
- SHPH has an average volume of 3164570 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 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.
More info and screens
0.89
When analyzing the resistance we notice 3 important areas.
- Resistance @0.99 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.50 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.63 from a trend line in the weekly 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 | 1.89 | NEGATIVE | SHPH has a low relative strength, it was outperformed by 98.11% 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) | 36.53 | NEUTRAL | The RSI value for SHPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SHPH has a positive trend. |
| Stochastics (14,3) | 32.26 | NEUTRAL | The Stochastics value for SHPH is a neutral value. |
| Average True Range in percent/ATR (20) | 12.97 | HIGH VOLATILITY | The high ATR as a percentage value for SHPH suggests high volalility. |
| Average Directional Index/ADX (14) | 10.04 | NEGATIVE | The low ADX value for SHPH suggests a weak or negative trend. |
SHPH Technicals: Chart, Performance Metrics, Trend & Indicators
0.9007
+0.02 (+1.73%)
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 36.5345. 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 0.015584, indicating a bearish trend.
What is the support and resistance level for SHPH stock?
SHUTTLE PHARMACEUTICALS HOLD (SHPH) has a resistance level at 0.99. Check the full technical report for our detailed analysis of SHPH support and resistance levels.