UROGEN PHARMA LTD (URGN) Stock Technical Analysis
USA - NASDAQ:URGN - IL0011407140 - Common Stock
Taking everything into account, URGN scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, URGN is showing a nice and steady performance.
Although URGN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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17.25
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.55 to 18.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.42 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.55 to 23.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 URGN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for URGN is neutral. |
| ChartMill Relative Strength | 94.57 | POSITIVE | URGN has a high relative strength, it outperformed 94.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of URGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of URGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of URGN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.33 | OVERBOUGHT | The high RSI value suggests URGN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests URGN has a positive trend. |
| Stochastics (14,3) | 74.65 | NEUTRAL | The Stochastics value for URGN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for URGN suggests high volalility. |
| Average Directional Index/ADX (14) | 22.07 | NEUTRAL | The ADX value for URGN suggests a possible start of a new trend. |
23.54
+4.23 (+21.91%)
UROGEN PHARMA LTD / URGN FAQ
What is the technical rating for URGN stock?
ChartMill assigns a technical rating of 9 / 10 to URGN.
What is the trend direction for URGN stock?
The current trend direction for UROGEN PHARMA LTD (URGN) is Bullish.
Can you provide the RSI signal for UROGEN PHARMA LTD?
UROGEN PHARMA LTD (URGN) has an RSI value of 70.325. This indicates that the stock is currently overbought.
Can you provide the short term momentum for UROGEN PHARMA LTD?
The short term momentum for UROGEN PHARMA LTD (URGN) is neutral.
What are the support and resistance levels for UROGEN PHARMA LTD (URGN) stock?
UROGEN PHARMA LTD (URGN) has a support level at 18.79 and a resistance level at 23.55. Check the full technical report for our detailed analysis of URGN support and resistance levels.