PALI Technical Analysis - PALISADE BIO INC

Technical Rating and Analysis

Taking everything into account, PALI scores 0 out of 10 in our technical rating. PALI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

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, PALI is a bad performer in the overall market: 97% of all stocks are doing better.

PALI is part of the Biotechnology industry. There are 540 other stocks in this industry, of which 81% are performing better than PALI.

PALI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month PALI has a been trading in the 0.53 - 0.75 range, which is quite wide. It is currently trading near the lows of this range.

PALI has an average volume of 2933850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

PALISADE BIO INC / PALI Weekly stock chart

PALISADE BIO INC / PALI Daily stock chart

Setup Rating and Analysis

The technical rating of PALI is bad and it also does not present a 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

0.59

0.97

2 important resistance areas can be observed.

A resistance zone ranging from 0.61 to 0.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 0.95 to 0.96. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	DOWN	NEGATIVE	The long term trend for PALI is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for PALI is down.
ChartMill Relative Strength	3.72	NEGATIVE	PALI has a low relative strength, it was outperformed by 96.28% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of PALI is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of PALI is below a declining 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)	39.24	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.
Stochastics (14,3)	39.07	NEUTRAL	The Stochastics value for PALI is a neutral value.
Average True Range in percent/ATR (20)	7.32	HIGH VOLATILITY	The high ATR as a percentage value for PALI suggests high volalility.
Average Directional Index/ADX (14)	28.23	POSITIVE	The high ADX value value for PALI suggests a strong trend.