Technical Analysis for RCKT - Rocket Pharmaceuticals, Inc.

Grade Last Price % Change Price Change
D 23.47 3.07% 0.70
RCKT closed up 3.07 percent on Friday, May 3, 2024, on 87 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 200 DMA Bullish 0.00%
Earnings Movers Other 0.00%
Gapped Up Strength 0.00%
Up 3 Days in a Row Strength 0.00%
MACD Bullish Signal Line Cross Bullish 3.07%
Earnings Movers Other 3.07%
Inside Day Range Contraction 3.07%
Oversold Stochastic Weakness 3.07%
200 DMA Resistance Bearish 4.17%

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Profile

Rocket Pharmaceuticals, Inc. Description

Rocket Pharmaceuticals, Inc., together with its subsidiaries, operates as a multi-platform biotechnology company that focuses on developing gene therapies for rare and devastating pediatric diseases. It has clinical-stage lentiviral vector (LVV) programs under clinical testing to treat fanconi anemia, a genetic defect in the bone marrow that reduces production of blood cells or promotes the production of faulty blood cells; and leukocyte adhesion deficiency-I, a genetic disorder that causes the immune system to malfunction It also has additional pre-clinical stage LVV programs include pyruvate kinase deficiency, a rare red blood cell autosomal recessive disorder that results in chronic non-spherocytic hemolytic anemia; and infantile malignant osteopetrosis, a genetic disorder characterized by increased bone density and bone mass secondary to impaired bone resorption. In addition, the company has an adeno-associated virus program for Danon disease, a multi-organ lysosomal-associated disorder leading to early death due to heart failure. It has license agreements with Fred Hutchinson Cancer Research Center; Centro de Investigaciones Energéticas, Medioambientales y Tecnológicas (CIEMAT), Centro de Investigacion Biomedica En Red, and Fundacion Instituto de investigacion Sanitaria Fundacion Jimenez Diaz; CIEMAT and UCL Business PLC; The Regents of the University of California; and REGENXBIO Inc. The company also has a research and collaboration agreement with Lund University; and strategic collaboration agreement with Stanford University School of Medicine. Rocket Pharmaceuticals, Inc. is headquartered in New York, New York.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Medicine Biotechnology Immune System Bone Heart Failure Anemia Bone Marrow Cancer Research Blood Cells Red Blood Cell Genetic Disorder Petros Fanconi Anemia Pyruvate Kinase Deficiency

Is RCKT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 32.53
52 Week Low 14.89
Average Volume 726,748
200-Day Moving Average 23.16
50-Day Moving Average 25.92
20-Day Moving Average 23.46
10-Day Moving Average 22.74
Average True Range 1.11
RSI (14) 46.24
ADX 20.97
+DI 23.51
-DI 21.59
Chandelier Exit (Long, 3 ATRs) 22.97
Chandelier Exit (Short, 3 ATRs) 24.76
Upper Bollinger Bands 25.59
Lower Bollinger Band 21.34
Percent B (%b) 0.5
BandWidth 18.12
MACD Line -0.97
MACD Signal Line -1.08
MACD Histogram 0.1058
Fundamentals Value
Market Cap 2.12 Billion
Num Shares 90.2 Million
EPS -3.19
Price-to-Earnings (P/E) Ratio -7.36
Price-to-Sales 0.00
Price-to-Book 4.92
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.52
Resistance 3 (R3) 24.58 24.29 24.35
Resistance 2 (R2) 24.29 24.02 24.26 24.29
Resistance 1 (R1) 23.88 23.86 23.74 23.82 24.23
Pivot Point 23.59 23.59 23.52 23.56 23.59
Support 1 (S1) 23.18 23.32 23.04 23.12 22.71
Support 2 (S2) 22.89 23.16 22.86 22.65
Support 3 (S3) 22.48 22.89 22.60
Support 4 (S4) 22.42