Pandion Therapeutics Inc (PAND) Technical Analysis
NASDAQ:PAND
Current stock price
PAND Technical Rating and Analysis
Overall PAND gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PAND is a bad performer.
- When comparing the yearly performance of all stocks, PAND is a bad performer in the overall market: 100% of all stocks are doing better.
- The long and short term trends are both positive. This is looking good!
- PAND is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PAND is leading the market.
- PAND 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.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- In the last month PAND has a been trading in a tight range between 59.60 and 61.92.
PAND Weekly and Daily overview Charts
PAND Setup Rating and Analysis
Although the technical rating is only medium, PAND does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 60.02, a Stop Loss order could be placed below this zone.
More info and screens
PAND Support and Resistance Analysis
59.29
We found 1 important support area.
- A support zone ranging from 59.89 to 60.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @61.64 from a horizontal line in the daily time frame.
PAND 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 PAND is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAND is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | PAND has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAND is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PAND is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 86.62 | OVERBOUGHT | The high RSI value suggests PAND may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.49 | NEGATIVE | The MACD value suggests PAND has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.62 | NEUTRAL | The Stochastics value for PAND is a neutral value. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for PAND suggests low volalility. |
PAND Chart- and CandleStick Pattern Analysis
PAND 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 |
|---|---|---|---|
| 60.51 | 59.88 | 0.63 (1.04%) | 25.00% |
| An entry @60.51. This is a Buy Stop order right above the 10 day high. | An exit @59.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.63 points, which is 1.04%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.26%. |
- 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.
PAND Technicals: Chart, Performance Metrics, Trend & Indicators
60.05
+0.13 (+0.22%)
Pandion Therapeutics Inc / PAND TA FAQ
What is the technical rating for PAND stock?
ChartMill assigns a technical rating of 6 / 10 to PAND.
Can you provide the trend direction for Pandion Therapeutics Inc?
The current trend direction for Pandion Therapeutics Inc (PAND) is Bullish.
What is the RSI signal for PAND stock?
Pandion Therapeutics Inc (PAND) has an RSI value of 86.616. This indicates that the stock is currently overbought.
Can you provide the MACD signal for Pandion Therapeutics Inc?
The MACD indicator for Pandion Therapeutics Inc (PAND) has a value of -1.48945, indicating a bearish trend.
What is the short term momentum for Pandion Therapeutics Inc (PAND) stock?
The short term momentum for Pandion Therapeutics Inc (PAND) is positive.