UNCY Technical Analysis - UNICYCIVE THERAPEUTICS INC

Technical Rating and Analysis

Taking everything into account, UNCY scores 0 out of 10 in our technical rating. UNCY'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, UNCY is a bad performer in the overall market: 91% of all stocks are doing better.

UNCY is one of the lesser performing stocks in the Biotechnology industry. 67% of 536 stocks in the same industry do better.

UNCY 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 UNCY has a been trading in the 3.71 - 4.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

UNICYCIVE THERAPEUTICS INC / UNCY Weekly stock chart

UNICYCIVE THERAPEUTICS INC / UNCY Daily stock chart

Setup Rating and Analysis

UNCY 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.82

7.30

When analyzing the support we can see 2 important areas.

A support zone ranging from 4.03 to 4.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @3.86 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

Resistance @4.39 from a horizontal line in the daily time frame.
Resistance @5.07 from a trend line in the weekly time frame.
Resistance @7.23 from a trend line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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 UNCY is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for UNCY is down.
ChartMill Relative Strength	9.59	NEGATIVE	UNCY has a low relative strength, it was outperformed by 90.41% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of UNCY is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of UNCY is above a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of UNCY is below a declining SMA(200).
Relative Strength Index/RSI (14)	46.19	NEUTRAL	The RSI value for UNCY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests UNCY has a negative trend, although the MACD value is rising.
Stochastics (14,3)	18.65	OVERSOLD	The low Stochastics value suggests UNCY may be oversold.
Average True Range in percent/ATR (20)	5.13	HIGH VOLATILITY	The high ATR as a percentage value for UNCY suggests high volalility.
Average Directional Index/ADX (14)	13.42	NEGATIVE	The low ADX value for UNCY suggests a weak or negative trend.