Relay Therapeutics Inc (RLAY): Price Up $1.01 (3.26)% Over Past Day, Up $0.84 (2.71)% Over Past Hour

The Hourly View for RLAY

500 – Internal server error This is the 2nd hour in a row RLAY has seen its price head up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the 100, 20 and 50 hour moving averages, resulting in them so that price is now turning above them. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

RLAY ranks 41st in terms of today’s price percentage change out of Pharmaceutical Products stocks.

RLAY’s Technical Outlook on the Daily Chart

At the moment, RLAY’s price is up $1.01 (3.26%) from the day prior. This move is a reversal from the day prior, which saw price move down. Regarding the trend, note that the strongest trend exists on the 50 day timeframe. Most noteworthy in the world of moving averages on the daily chart is that the 20 day moving average has been crossed, with price now being above it. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. Relay Therapeutics Inc’s price action over the past 90 days can be seen via the chart below.

RLAY

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RLAY: Daily RSI Analysis

  • RLAY’s RSI now stands at 61.9863.
  • RLAY and RSI may be exhibiting divergent trends. This may be something to monitor.

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