We assign a technical rating of 0 out of 10 to SELB. SELB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SELB is a bad performer in the overall market: 86% of all stocks are doing better.
SELB is currently making a new 52 week low. This is a very bad signal. SELB is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month SELB has a been trading in the 0.81 - 1.30 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SELB is an average performer in the Biotechnology industry, it outperforms 54% of 566 stocks in the same industry.