Overall URGN gets a technical rating of 9 out of 10. In the last year, URGN was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, URGN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.08, a Stop Loss order could be placed below this zone.
More info and screens
19.09
3 important support areas can be observed.
- A support zone ranging from 22.72 to 23.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 21.72 to 21.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.28 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.43 to 23.76. 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 | 96.21 | POSITIVE | URGN has a high relative strength, it outperformed 96.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of URGN is above a declining 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) | 50.83 | NEUTRAL | The RSI value for URGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests URGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.6 | NEUTRAL | The Stochastics value for URGN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.08 | HIGH VOLATILITY | The high ATR as a percentage value for URGN suggests high volalility. |
| Average Directional Index/ADX (14) | 13.01 | NEGATIVE | The low ADX value for URGN suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.77 | 22.71 | 1.06 (4.46%) | 22.42% |
| An entry @23.77. This is a Buy Stop order right above the resistance zone. | An exit @22.71. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.06 points, which is 4.46%. | For a 1.00% total portfolio risk, you can invest 22.42% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of URGN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
23.42
+0.25 (+1.08%)
UROGEN PHARMA LTD / URGN FAQ
What is the technical rating for URGN stock?
ChartMill assigns a technical rating of 9 / 10 to URGN.
Can you provide the trend direction for UROGEN PHARMA LTD?
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 50.8297. This indicates that the stock is currently neutral.
What are the support and resistance levels for UROGEN PHARMA LTD (URGN) stock?
UROGEN PHARMA LTD (URGN) has a support level at 23.08 and a resistance level at 23.43. Check the full technical report for our detailed analysis of URGN support and resistance levels.