PALISADE BIO INC (PALI) Stock Technical Analysis
NASDAQ:PALI - Nasdaq - US6963894026 - Common Stock - Currency: USD
Taking everything into account, PALI scores 5 out of 10 in our technical rating. In the past year, PALI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
88% of all other stocks performed better in the past year than PALI.
PALI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
PALI is an average performer in the Biotechnology industry, it outperforms 40% of 551 stocks in the same industry.
In the last month PALI has a been trading in the 0.70 - 1.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PALI has an average technical rating and it also does not offer a high quality setup 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
0.81
1.18
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.00 to 1.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.82 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for PALI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PALI is up. |
| ChartMill Relative Strength | 12.25 | NEGATIVE | PALI has a low relative strength, it was outperformed by 87.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PALI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PALI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PALI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58 | NEUTRAL | The RSI value for PALI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PALI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.61 | NEUTRAL | The Stochastics value for PALI is a neutral value. |
| Average True Range in percent/ATR (20) | 12.31 | HIGH VOLATILITY | The high ATR as a percentage value for PALI suggests high volalility. |
| Average Directional Index/ADX (14) | 41.58 | POSITIVE | The high ADX value value for PALI suggests a strong trend. |
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)
1.04
+0.03 (+2.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.97%
1 Week-16.13%
2 Weeks9.81%
1 Month41.69%
3 Month37.82%
6 Month-16.8%
12 Month-70.95%
2 Year-89.83%
3 Year-99.15%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%12.31%
ATR Inc-48.49%
Range Today0.07
ADR(20)0.12
ADR(20)%11.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.25
Mansfield-4.45
10 Day High1.4
10 Day Low0.83
20 Day High1.4
20 Day Low0.7
52 Week High4.32
52 Week Low0.6
CS1 End1
CR1 Start1.16
Volume & EV
DER(3)-0.28%
DER(5)-3.81%
Volume187.10K
Volume Incr-24.52%
Vol(5)743.82K
Vol(50)661.61K