AVITA MEDICAL INC (RCEL) Stock Technical Analysis
NASDAQ:RCEL - Nasdaq - US05380C1027 - Common Stock - Currency: USD
Taking everything into account, RCEL scores 2 out of 10 in our technical rating. RCEL'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.
When comparing the yearly performance of all stocks, RCEL is a bad performer in the overall market: 93% of all stocks are doing better.
RCEL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
RCEL is an average performer in the Biotechnology industry, it outperforms 40% of 571 stocks in the same industry.
In the last month RCEL has a been trading in the 8.35 - 11.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RCEL has a poor technical rating and the quality of the setup is also only medium 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
8.39
13.84
When analyzing the support we can see 2 important areas.
- Support @8.78 from a trend line in the weekly time frame.
- A support zone ranging from 8.47 to 8.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @10.17 from a trend line in the daily time frame.
- A resistance zone ranging from 10.58 to 10.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.64 from a trend line in the weekly time frame.
- A resistance zone ranging from 13.57 to 13.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.94
Mansfield-1.54
10 Day High11.25
10 Day Low8.37
20 Day High11.25
20 Day Low8.35
52 Week High18.93
52 Week Low7.51
Performance
1 Week15.56%
2 Weeks5.4%
1 Month17.33%
3 Month-25.41%
6 Month6.53%
12 Month-41.81%
2 Year-25.8%
3 Year8.15%
5 Year-74.12%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.25
RSI(14)52.23
LBB8
UBB10.62
9.95
-0.27 (-2.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.64%
1 Week15.56%
2 Weeks5.4%
1 Month17.33%
3 Month-25.41%
6 Month6.53%
12 Month-41.81%
2 Year-25.8%
3 Year8.15%
5 Year-74.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%5.73%
ATR Inc-13.69%
Range Today0.53
ADR(20)0.51
ADR(20)%5.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.94
Mansfield-1.54
10 Day High11.25
10 Day Low8.37
20 Day High11.25
20 Day Low8.35
52 Week High18.93
52 Week Low7.51
CS1 End8.78
CR1 Start10.17
Volume & EV
DER(3)1.82%
DER(5)5.34%
Volume249.40K
Volume Incr170.4%
Vol(5)381.58K
Vol(50)198.97K