RIGEL PHARMACEUTICALS INC (RIGL) Stock Technical Analysis
NASDAQ:RIGL - Nasdaq - US7665597024 - Common Stock - Currency: USD
Overall RIGL gets a technical rating of 5 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month RIGL has a been trading in the 20.00 - 24.48 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
RIGL is one of the better performing stocks in the Biotechnology industry, it outperforms 80% of 572 stocks in the same industry.
Looking at the yearly performance, RIGL did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
RIGL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RIGL is lagging the market.
Considerably lower volume is observed in the last couple of days.
RIGL has only a medium 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 a support zone below the current price at 18.25, a Stop Loss order could be placed below this zone.
More info and screens
15.83
23.87
We found 2 important support areas.
- A support zone ranging from 18.13 to 18.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.99 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 21.57 to 21.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @22.17 from a horizontal line in the weekly time frame.
- Resistance @23.63 from a trend line 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
CRS82.15
Mansfield2.7
10 Day High24.28
10 Day Low20
20 Day High24.48
20 Day Low20
52 Week High29.82
52 Week Low7.48
Performance
1 Week-3.69%
2 Weeks-17.63%
1 Month-9.26%
3 Month-22.85%
6 Month60.98%
12 Month52.2%
2 Year33.05%
3 Year-19.96%
5 Year-5.24%
10 Year-32.81%
15 Year-73.39%
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)-0.27
RSI(14)45.75
LBB19.24
UBB23.48
20.09
-0.74 (-3.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.55%
1 Week-3.69%
2 Weeks-17.63%
1 Month-9.26%
3 Month-22.85%
6 Month60.98%
12 Month52.2%
2 Year33.05%
3 Year-19.96%
5 Year-5.24%
10 Year-32.81%
15 Year-73.39%
Volatility
ATR(14)1.35
ATR(20)%6.55%
ATR Inc-18.93%
Range Today1.28
ADR(20)1.28
ADR(20)%6.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.15
Mansfield2.7
10 Day High24.28
10 Day Low20
20 Day High24.48
20 Day Low20
52 Week High29.82
52 Week Low7.48
CS1 End18.25
CR1 Start21.57
Volume & EV
DER(3)-6.79%
DER(5)-2.39%
Volume129.90K
Volume Incr-43.92%
Vol(5)147.70K
Vol(50)278.92K