PALISADE BIO INC (PALI) Stock Technical Analysis
NASDAQ:PALI - Nasdaq - US6963894026 - Common Stock - Currency: USD
Overall PALI gets a technical rating of 0 out of 10. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, PALI is a bad performer in the overall market: 95% of all stocks are doing better.
PALI is one of the lesser performing stocks in the Biotechnology industry. 73% of 558 stocks in the same industry do better.
PALI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PALI is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month PALI has a been trading in the 0.60 - 0.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
0.69
0.79
2 important resistance areas can be observed.
- A resistance zone ranging from 0.71 to 0.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.77 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for PALI is neutral. |
| ChartMill Relative Strength | 5.39 | NEGATIVE | PALI has a low relative strength, it was outperformed by 94.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PALI is above 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) | 50.77 | NEUTRAL | The RSI value for PALI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PALI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.72 | NEUTRAL | The Stochastics value for PALI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.21 | HIGH VOLATILITY | The high ATR as a percentage value for PALI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.5 | NEGATIVE | The low ADX value for PALI suggests a weak or negative 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)
0.7014
+0.08 (+13.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg13.62%
1 Week9.58%
2 Weeks0.67%
1 Month-7.28%
3 Month1.84%
6 Month-58%
12 Month-84.41%
2 Year-97.25%
3 Year-99.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%8.21%
ATR Inc50.08%
Range Today0.12
ADR(20)0.06
ADR(20)%7.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.39
Mansfield-6.82
10 Day High0.75
10 Day Low0.6
20 Day High0.86
20 Day Low0.6
52 Week High4.89
52 Week Low0.6
CS1 EndN/A
CR1 Start0.71
Volume & EV
DER(3)-6.06%
DER(5)-4.66%
Volume533.80K
Volume Incr-49.34%
Vol(5)220.10K
Vol(50)349.98K