ROCKET PHARMACEUTICALS INC (RCKT) Stock Technical Analysis
NASDAQ:RCKT - Nasdaq - US77313F1066 - Common Stock - Currency: USD
Taking everything into account, RCKT scores 0 out of 10 in our technical rating. RCKT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
94% of all other stocks performed better in the past year than RCKT.
RCKT is part of the Biotechnology industry. There are 568 other stocks in this industry, of which 68% are performing better than RCKT.
RCKT is currently trading near the lower end of its 52 week range, which is not a good sign. RCKT is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
RCKT has an average volume of 2389400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RCKT has a been trading in the 4.55 - 8.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of RCKT is bad and it also does not present a quality setup 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
6.27
8.32
We can see 3 important resistance areas.
- Resistance @6.54 from a horizontal line in the daily time frame.
- Resistance @7.09 from a trend line in the daily time frame.
- A resistance zone ranging from 8.17 to 8.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.14
Mansfield-5.78
10 Day High6.77
10 Day Low4.55
20 Day High8.8
20 Day Low4.55
52 Week High26.98
52 Week Low4.55
Performance
1 Week28.14%
2 Weeks13.85%
1 Month-23.92%
3 Month-38.6%
6 Month-66.37%
12 Month-72.24%
2 Year-64.68%
3 Year-38.42%
5 Year-57.23%
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)0.17
RSI(14)45.32
LBB4.52
UBB6.9
6.33
+0.18 (+2.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.93%
1 Week28.14%
2 Weeks13.85%
1 Month-23.92%
3 Month-38.6%
6 Month-66.37%
12 Month-72.24%
2 Year-64.68%
3 Year-38.42%
5 Year-57.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%10.36%
ATR Inc-35.58%
Range Today0.3
ADR(20)0.61
ADR(20)%9.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.14
Mansfield-5.78
10 Day High6.77
10 Day Low4.55
20 Day High8.8
20 Day Low4.55
52 Week High26.98
52 Week Low4.55
CS1 EndN/A
CR1 Start6.54
Volume & EV
DER(3)-0.4%
DER(5)0.6%
Volume2.20M
Volume Incr14.03%
Vol(5)3.76M
Vol(50)2.39M