PRECISION BIOSCIENCES INC (DTIL) Technical Analysis
NASDAQ:DTIL • US74019P2074
Current stock price
DTIL Technical Rating and Analysis
Taking everything into account, DTIL scores 7 out of 10 in our technical rating. Although DTIL has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- DTIL is part of the Biotechnology industry. There are 518 other stocks in this industry. DTIL outperforms 71% of them.
- In the last month DTIL has a been trading in the 3.73 - 7.59 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that DTIL is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- DTIL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DTIL is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DTIL Weekly and Daily overview Charts
DTIL Setup Rating and Analysis
Although DTIL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
DTIL Support and Resistance Analysis
6.65
3 important resistance areas can be observed.
- Resistance @6.88 from a trend line in the weekly time frame.
- Resistance @7.04 from a horizontal line in the daily time frame.
- Resistance @7.27 from a trend line in the weekly time frame.
DTIL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for DTIL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DTIL is up. |
| ChartMill Relative Strength | 89.7 | POSITIVE | DTIL has a high relative strength, it outperformed 89.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DTIL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DTIL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DTIL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.89 | OVERBOUGHT | The high RSI value suggests DTIL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests DTIL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.43 | OVERBOUGHT | The high Stochastics value suggests DTIL may be overbought. |
| Average True Range in percent/ATR (20) | 7.25 | HIGH VOLATILITY | The high ATR as a percentage value for DTIL suggests high volalility. |
| Average Directional Index/ADX (14) | 46.78 | POSITIVE | The high ADX value value for DTIL suggests a strong trend. |
DTIL Chart- and CandleStick Pattern Analysis
DTIL Technicals: Chart, Performance Metrics, Trend & Indicators
6.72
-0.31 (-4.41%)
PRECISION BIOSCIENCES INC / DTIL TA FAQ
Can you provide the ChartMill technical rating for PRECISION BIOSCIENCES INC?
ChartMill assigns a technical rating of 7 / 10 to DTIL.
Can you provide the trend direction for PRECISION BIOSCIENCES INC?
The current trend direction for PRECISION BIOSCIENCES INC (DTIL) is Bearish.
What is the RSI signal for PRECISION BIOSCIENCES INC (DTIL) stock?
PRECISION BIOSCIENCES INC (DTIL) has an RSI value of 74.8932. This indicates that the stock is currently overbought.
What is the MACD signal for DTIL stock?
The MACD indicator for PRECISION BIOSCIENCES INC (DTIL) has a value of 0.245142, indicating a bearish trend.