Taking everything into account, RDHL scores 1 out of 10 in our technical rating. RDHL'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.
RDHL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for RDHL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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1.01
When analyzing the support we notice one important area.
- Support @1.02 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @1.21 from a horizontal line in the weekly time frame.
- Resistance @1.25 from a horizontal line in the daily time frame.
- Resistance @1.63 from a trend line in the weekly time frame.
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 RDHL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RDHL is down. |
| ChartMill Relative Strength | 4.12 | NEGATIVE | RDHL has a low relative strength, it was outperformed by 95.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDHL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RDHL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RDHL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.51 | NEUTRAL | The RSI value for RDHL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RDHL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.34 | NEUTRAL | The Stochastics value for RDHL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for RDHL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.4 | NEGATIVE | The low ADX value for RDHL suggests a weak or negative trend. |
1.18
+0.03 (+2.61%)
REDHILL BIOPHARMA LTD-SP ADR / RDHL FAQ
What is the technical rating for RDHL stock?
ChartMill assigns a technical rating of 1 / 10 to RDHL.
Can you provide the trend direction for REDHILL BIOPHARMA LTD-SP ADR?
The current trend direction for REDHILL BIOPHARMA LTD-SP ADR (RDHL) is Bearish.
What is the RSI signal for REDHILL BIOPHARMA LTD-SP ADR (RDHL) stock?
REDHILL BIOPHARMA LTD-SP ADR (RDHL) has an RSI value of 47.5081. This indicates that the stock is currently neutral.
What is the buy/sell signal for RDHL stock?
The buy/sell signal for REDHILL BIOPHARMA LTD-SP ADR (RDHL) is sell as both the short term and long term trends are negative.
What is the support and resistance level for RDHL stock?
REDHILL BIOPHARMA LTD-SP ADR (RDHL) has a support level at 1.02 and a resistance level at 1.21. Check the full technical report for our detailed analysis of RDHL support and resistance levels.