SHUTTLE PHARMACEUTICALS HOLD (SHPH) Stock Technical Analysis
NASDAQ:SHPH • US8256934014
Taking everything into account, SHPH scores 0 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.
- 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: 97% of all stocks are doing better.
- SHPH is part of the Biotechnology industry. There are 521 other stocks in this industry, of which 85% 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 1.00 - 2.35 range, which is quite wide. It is currently trading near the lows of this range.
- SHPH has an average volume of 3171610 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.
The technical rating of SHPH is bad and it also does not present a quality setup 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
1.01
When analyzing the support we notice one important area.
- Support @1.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.18 from a horizontal line in the daily time frame.
- Resistance @1.81 from a trend line in the daily time frame.
- Resistance @1.88 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 | 3.48 | NEGATIVE | SHPH has a low relative strength, it was outperformed by 96.52% 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) | 36.65 | NEUTRAL | The RSI value for SHPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SHPH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.85 | OVERSOLD | The low Stochastics value suggests SHPH may be oversold. |
| Average True Range in percent/ATR (20) | 15.92 | HIGH VOLATILITY | The high ATR as a percentage value for SHPH suggests high volalility. |
| Average Directional Index/ADX (14) | 15.94 | NEGATIVE | The low ADX value for SHPH suggests a weak or negative trend. |
1.08
+0.03 (+2.86%)
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 36.6499. 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 -0.0288804, indicating a bearish trend.
What is the support and resistance level for SHPH stock?
SHUTTLE PHARMACEUTICALS HOLD (SHPH) has a support level at 1.02 and a resistance level at 1.18. Check the full technical report for our detailed analysis of SHPH support and resistance levels.