RESHAPE LIFESCIENCES INC (RSLS)

US76090R2004 - Common Stock

6.05  +0.17 (+2.89%)

Technical Rating and Analysis

1

Overall RSLS gets a technical rating of 1 out of 10. RSLS'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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, RSLS is a bad performer in the overall market: 97% of all stocks are doing better.
RSLS is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 86% of 188 stocks in the same industry do better.
RSLS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RSLS is lagging the market.
In the last month RSLS has a been trading in the 4.92 - 7.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RSLS Weekly chart
RSLS Daily chart
Setup Rating and Analysis

8

RSLS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 5.59, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RSLS 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.
Support and Resistance Analysis

5.39

10.66

We found 1 important support area.

  • A support zone ranging from 5.44 to 5.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

3 important resistance areas can be observed.

  • Resistance @6.26 from a trend line in the daily time frame.
  • Resistance @6.63 from a horizontal line in the daily time frame.
  • Resistance @10.55 from a trend line in the weekly time frame.
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
CRS3.78
Mansfield-4.89
10 Day High6.9
10 Day Low5.12
20 Day High7.2
20 Day Low4.92
52 Week High34.22
52 Week Low4.6
Performance
1 Week5.4%
2 Weeks-8.61%
1 Month15.46%
3 Month-41.23%
6 Month-37.91%
12 Month-56.63%
2 Year-32.83%
3 Year-94.48%
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)0.15
RSI(14)50.25
LBB5.12
UBB6.41
RSLS Daily chart

RESHAPE LIFESCIENCES INC

NASDAQ:RSLS (11/4/2024, 8:00:02 PM)

6.05

+0.17 (+2.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.89%
1 Week5.4%
2 Weeks-8.61%
1 Month15.46%
3 Month-41.23%
6 Month-37.91%
12 Month-56.63%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.83
ATR(20)%11.13%
ATR Inc
Range Today1.29
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 High6.9
10 Day Low5.12
20 Day High7.2
20 Day Low4.92
52 Week High34.22
52 Week Low4.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume181.10K
Volume Incr51.11%
Vol(5)163.70K
Vol(50)538.90K