REXAHN PHARMACEUTICALS INC (RNN) Stock Technical Analysis
NYSEARCA:RNN - NYSE Arca -
We assign a technical rating of 0 out of 10 to RNN. RNN'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, RNN is a bad performer in the overall market: 96% of all stocks are doing better.
RNN is currently trading near the lower end of its 52 week range, which is not a good sign. RNN is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month RNN has a been trading in the 4.71 - 5.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, RNN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.38. Right above this resistance zone may be a good entry point.
More info and screens
4.77
8.80
We found 1 important support area.
- Support @4.82 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 5.38 to 5.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.51 from a horizontal line in the daily time frame.
- Resistance @7.25 from a trend line in the weekly time frame.
- Resistance @8.71 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.58
Mansfield-6.01
10 Day High5.66
10 Day Low4.76
20 Day High5.84
20 Day Low4.71
52 Week High23.64
52 Week Low4.71
Performance
1 Week6.29%
2 Weeks8.49%
1 Month-10.27%
3 Month-23.18%
6 Month-60.3%
12 Month-76.52%
2 YearN/A
3 YearN/A
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)0.08
RSI(14)47.11
LBB4.69
UBB5.43
NYSEARCA:RNN (6/7/2019, 8:25:25 PM)
5.24
+0.01 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.19%
1 Week6.29%
2 Weeks8.49%
1 Month-10.27%
3 Month-23.18%
6 Month-60.3%
12 Month-76.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%6.35%
ATR Inc22.7%
Range Today0.47
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.58
Mansfield-6.01
10 Day High5.66
10 Day Low4.76
20 Day High5.84
20 Day Low4.71
52 Week High23.64
52 Week Low4.71
CS1 End4.82
CR1 Start5.38
Volume & EV
DER(3)-15.68%
DER(5)-8.13%
Volume34.40K
Volume Incr55.11%
Vol(5)39.32K
Vol(50)287.82K