PALISADE BIO INC (PALI) Stock Technical Analysis
USA - NASDAQ:PALI - US6963894026 - Common Stock
2 USD
-0.1 (-4.76%)
1.9313 USD
-0.07 (-3.43%)
Overall PALI gets a technical rating of 8 out of 10. 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PALI is one of the better performing stocks in the Biotechnology industry, it outperforms 84% of 536 stocks in the same industry.
In the last month PALI has a been trading in the 0.55 - 2.28 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
PALI has an average volume of 9153960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, PALI did better than 93% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PALI has an excellent technical rating, it does not present a decent entry opportunity 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
1.98
2.02
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 | NEUTRAL | NEUTRAL | The long term trend for PALI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PALI is up. |
| ChartMill Relative Strength | 93.54 | POSITIVE | PALI has a high relative strength, it outperformed 93.54% 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) | 74.26 | OVERBOUGHT | The high RSI value suggests PALI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests PALI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.35 | OVERBOUGHT | The high Stochastics value suggests PALI may be overbought. |
| Average True Range in percent/ATR (20) | 12.2 | HIGH VOLATILITY | The high ATR as a percentage value for PALI suggests high volalility. |
| Average Directional Index/ADX (14) | 59.09 | 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)
2
-0.1 (-4.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.76%
1 Week25%
2 Weeks122.67%
1 Month234.45%
3 Month165.6%
6 Month186.94%
12 Month-41.26%
2 Year-75.98%
3 Year-97.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%12.2%
ATR Inc17.83%
Range Today0.31
ADR(20)0.23
ADR(20)%11.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.54
Mansfield4.5
10 Day High2.28
10 Day Low0.81
20 Day High2.28
20 Day Low0.55
52 Week High4.32
52 Week Low0.53
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-1.64%
DER(5)-1.71%
Volume9.25M
Volume Incr95.17%
Vol(5)22.72M
Vol(50)9.15M