AVIDITY BIOSCIENCES INC (RNA)

US05370A1088 - Common Stock

42.82  -0.83 (-1.9%)

Technical Rating and Analysis

6

Overall RNA gets a technical rating of 6 out of 10. In the last year, RNA was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

In the last month RNA has a been trading in the 39.50 - 56.00 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.
Looking at the yearly performance, RNA did better than 99% of all other stocks. On top of that, RNA also shows a nice and consistent pattern of rising prices.
RNA is part of the Biotechnology industry. There are 565 other stocks in this industry. RNA outperforms 98% of them.
RNA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RNA is lagging the market slightly.
RNA has an average volume of 1332390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
RNA Weekly chart
RNA Daily chart
Setup Rating and Analysis

4

RNA has an average technical rating and also the quality of the setup is 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.

Support and Resistance Analysis

40.05

47.20

2 important support areas can be observed.

  • A support zone ranging from 41.11 to 41.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @40.45 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 45.30 to 46.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.43
Mansfield3.36
10 Day High56
10 Day Low39.5
20 Day High56
20 Day Low39.5
52 Week High56
52 Week Low5.97
Performance
1 Week-16.86%
2 Weeks-7.6%
1 Month-3.85%
3 Month0.3%
6 Month59.02%
12 Month597.28%
2 Year275%
3 Year95.48%
5 YearN/A
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)-0.44
RSI(14)46.02
LBB39.58
UBB51.85
RNA Daily chart

AVIDITY BIOSCIENCES INC

NASDAQ:RNA (11/21/2024, 3:47:56 PM)

42.82

-0.83 (-1.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.9%
1 Week-16.86%
2 Weeks-7.6%
1 Month-3.85%
3 Month0.3%
6 Month59.02%
12 Month597.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.66
ATR(20)%6.83%
ATR Inc
Range Today2.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High56
10 Day Low39.5
20 Day High56
20 Day Low39.5
52 Week High56
52 Week Low5.97
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume566.90K
Volume Incr36.61%
Vol(5)1.34M
Vol(50)1.33M