SUPERNUS PHARMACEUTICALS INC (SUPN) Stock Technical Analysis
NASDAQ:SUPN • US8684591089
Overall SUPN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SUPN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that SUPN is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, SUPN also shows a nice and consistent pattern of rising prices.
- SUPN is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. SUPN outperforms 76% of them.
- SUPN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SUPN is lagging the market slightly.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month SUPN has a been trading in the 47.29 - 59.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SUPN has an excellent technical rating, the quality of the presented setup is not ideal 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
30.44
We found 5 important support areas.
- A support zone ranging from 50.23 to 51.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.15 to 48.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.99 from a horizontal line in the daily time frame.
- Support @34.51 from a trend line in the weekly time frame.
- Support @30.75 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @57.01 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 | UP | POSITIVE | The long term trend for SUPN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SUPN is up. |
| ChartMill Relative Strength | 90.68 | POSITIVE | SUPN has a high relative strength, it outperformed 90.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SUPN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SUPN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SUPN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.14 | NEUTRAL | The RSI value for SUPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests SUPN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.62 | NEUTRAL | The Stochastics value for SUPN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for SUPN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.29 | NEGATIVE | The low ADX value for SUPN suggests a weak or negative trend. |
54.73
-1.02 (-1.83%)
SUPERNUS PHARMACEUTICALS INC / SUPN FAQ
Can you provide the ChartMill technical rating for SUPERNUS PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 10 / 10 to SUPN.
What is the trend direction for SUPN stock?
The current trend direction for SUPERNUS PHARMACEUTICALS INC (SUPN) is Bullish.
What is the RSI signal for SUPN stock?
SUPERNUS PHARMACEUTICALS INC (SUPN) has an RSI value of 63.1359. This indicates that the stock is currently neutral.
What is the MACD signal for SUPN stock?
The MACD indicator for SUPERNUS PHARMACEUTICALS INC (SUPN) has a value of 0.520208, indicating a bearish trend.
What is the buy/sell signal for SUPERNUS PHARMACEUTICALS INC (SUPN) stock?
The buy/sell signal for SUPERNUS PHARMACEUTICALS INC (SUPN) is buy as both the short term and long term trends are positive.