PALISADE BIO INC (PALI) Technical Analysis
NASDAQ:PALI • US6963894026
Current stock price
2 USD
+0.04 (+2.04%)
At close:
1.9512 USD
-0.05 (-2.44%)
After Hours:
PALI Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to PALI. PALI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that PALI is one of the better performing stocks in the market, outperforming 96% of all stocks.
- PALI is one of the better performing stocks in the Biotechnology industry, it outperforms 87% of 517 stocks in the same industry.
- PALI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- PALI has an average volume of 3894250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PALI 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 PALI is lagging the market slightly.
PALI Weekly and Daily overview Charts
PALI Setup Rating and Analysis
PALI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.89, a Stop Loss order could be placed below this zone.
More info and screens
PALI Support and Resistance Analysis
1.58
2.26
3 important support areas can be observed.
- A support zone ranging from 1.88 to 1.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.76 to 1.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.60 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.01 to 2.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.24 from a trend line in the weekly time frame.
PALI 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 | UP | POSITIVE | The long term trend for PALI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PALI is up. |
| ChartMill Relative Strength | 96.7 | POSITIVE | PALI has a high relative strength, it outperformed 96.7% 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) | UP | POSITIVE | The current price of PALI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.56 | 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) | 65.32 | NEUTRAL | The Stochastics value for PALI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.9 | HIGH VOLATILITY | The high ATR as a percentage value for PALI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.77 | NEGATIVE | The low ADX value for PALI suggests a weak or negative trend. |
PALI Chart- and CandleStick Pattern Analysis
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)
PALI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.05 | 1.87 | 0.18 (8.78%) | 11.39% |
| An entry @2.05. This is a Buy Stop order right above the resistance zone. | An exit @1.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 8.78%. | When investing 11.39% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of PALI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PALI Technicals: Chart, Performance Metrics, Trend & Indicators
2
+0.04 (+2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.04%
1 Week5.82%
2 Weeks3.09%
1 Month12.99%
3 Month-6.98%
6 Month122.67%
12 Month190.4%
2 Year-66.59%
3 Year-96.21%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%6.9%
ATR Inc15.63%
Range Today0.07
ADR(20)0.14
ADR(20)%6.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.7
3 months CRS39.89
6 months CRS98.76
Mansfield5.73
10 Day High2.16
10 Day Low1.83
20 Day High2.16
20 Day Low1.61
52 Week High2.64
52 Week Low0.53
CS1 End1.89
CR1 Start2.01
Volume & EV
DER(3)-2.59%
DER(5)1.77%
Volume3.53M
Volume Incr9.07%
Vol(5)3.44M
Vol(50)3.89M
PALISADE BIO INC / PALI TA FAQ
What is the ChartMill technical rating of PALISADE BIO INC (PALI) stock?
ChartMill assigns a technical rating of 9 / 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 57.5632. 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 positive.
Can you provide the buy/sell signal for PALISADE BIO INC?
The buy/sell signal for PALISADE BIO INC (PALI) is buy as both the short term and long term trends are positive.