Taking everything into account, PALI scores 3 out of 10 in our technical rating. PALI has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month PALI has a been trading in the 1.65 - 2.64 range, which is quite wide. It is currently trading near the lows of this range.
- PALI has an average volume of 5010780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Looking at the yearly performance, PALI did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- PALI is an average performer in the Biotechnology industry, it outperforms 66% of 528 stocks in the same industry.
- PALI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PALI is lagging the market.
PALI has a poor technical rating and the quality of the setup is also only medium 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
1.61
We found 2 important support areas.
- A support zone ranging from 1.67 to 1.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.63 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.99 to 2.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | UP | POSITIVE | The long term trend for PALI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PALI is down. |
| ChartMill Relative Strength | 79.72 | POSITIVE | PALI has a high relative strength, it outperformed 79.72% 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) | UP | POSITIVE | The current price of PALI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.91 | NEUTRAL | The RSI value for PALI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PALI has a negative trend. |
| Stochastics (14,3) | 18.19 | OVERSOLD | The low Stochastics value suggests PALI may be oversold. |
| Average True Range in percent/ATR (20) | 11.08 | HIGH VOLATILITY | The high ATR as a percentage value for PALI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.79 | NEGATIVE | The low ADX value for PALI suggests a weak or negative trend. |
1.89
-0.01 (-0.53%)
PALISADE BIO INC / PALI FAQ
What is the ChartMill technical rating of PALISADE BIO INC (PALI) stock?
ChartMill assigns a technical rating of 3 / 10 to PALI.
Can you provide the trend direction for PALISADE BIO INC?
The current trend direction for PALISADE BIO INC (PALI) is Bullish.
What is the RSI signal for PALISADE BIO INC (PALI) stock?
PALISADE BIO INC (PALI) has an RSI value of 45.9085. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PALISADE BIO INC?
The short term momentum for PALISADE BIO INC (PALI) is negative.
Can you provide the buy/sell signal for PALISADE BIO INC?
The buy/sell signal for PALISADE BIO INC (PALI) is hold as the short term and long term trends are mixed.