VIRACTA THERAPEUTICS INC (VIRX) Technical Analysis
NASDAQ:VIRX • US92765F1084
Current stock price
VIRX Technical Rating and Analysis
Overall VIRX gets a technical rating of 0 out of 10. VIRX'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than VIRX.
- VIRX is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 89% are performing better than VIRX.
- VIRX is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so VIRX is lagging the market.
- In the last month VIRX has a been trading in the 0.07 - 0.24 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- VIRX has an average volume of 2794390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VIRX Weekly and Daily overview Charts
VIRX Setup Rating and Analysis
The technical rating of VIRX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
VIRX Support and Resistance Analysis
0.08
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
VIRX 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 VIRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VIRX is down. |
| ChartMill Relative Strength | 1.18 | NEGATIVE | VIRX has a low relative strength, it was outperformed by 98.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VIRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VIRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VIRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.56 | OVERSOLD | The low RSI value suggests VIRX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VIRX has a negative trend. |
| Stochastics (14,3) | 13.53 | OVERSOLD | The low Stochastics value suggests VIRX may be oversold. |
| Average True Range in percent/ATR (20) | 33.82 | HIGH VOLATILITY | The high ATR as a percentage value for VIRX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.9 | NEGATIVE | The low ADX value for VIRX suggests a weak or negative trend. |
VIRX Chart- and CandleStick Pattern Analysis
VIRX Technicals: Chart, Performance Metrics, Trend & Indicators
0.0778
-0.07 (-48.65%)
VIRACTA THERAPEUTICS INC / VIRX TA FAQ
What is the ChartMill technical rating of VIRACTA THERAPEUTICS INC (VIRX) stock?
ChartMill assigns a technical rating of 0 / 10 to VIRX.
What is the trend direction for VIRX stock?
The current trend direction for VIRACTA THERAPEUTICS INC (VIRX) is Bearish.
Can you provide the RSI signal for VIRACTA THERAPEUTICS INC?
VIRACTA THERAPEUTICS INC (VIRX) has an RSI value of 24.5553. This indicates that the stock is currently oversold.
Can you provide the short term momentum for VIRACTA THERAPEUTICS INC?
The short term momentum for VIRACTA THERAPEUTICS INC (VIRX) is negative.
What are the support and resistance levels for VIRACTA THERAPEUTICS INC (VIRX) stock?
VIRACTA THERAPEUTICS INC (VIRX) has a resistance level at 0.15. Check the full technical report for our detailed analysis of VIRX support and resistance levels.