PASSAGE BIO INC (PASG)
US7027121000 - Common Stock
Overall PASG gets a technical rating of 6 out of 10. In the last year, PASG was one of the better performers, but we do observe some doubts in the very recent evolution.
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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
PASG is part of the Biotechnology industry. There are 588 other stocks in this industry. PASG outperforms 80% of them.
When comparing the yearly performance of all stocks, we notice that PASG is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
PASG 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 PASG is lagging the market slightly.
In the last month PASG has a been trading in the 1.10 - 1.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, PASG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.28, a Stop Loss order could be placed below this zone.
More info and screens
1.13
1.68
We found 3 important support areas.
- A support zone ranging from 1.26 to 1.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.18 from a trend line in the daily time frame.
- Support @1.14 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.35 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.60 from a trend line in the weekly time frame.
- Resistance @1.66 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.27
Mansfield2.9
10 Day High1.38
10 Day Low1.1
20 Day High1.45
20 Day Low1.1
52 Week High1.79
52 Week Low0.58
Performance
1 Week9.84%
2 Weeks11.67%
1 Month-1.11%
3 Month31.37%
6 Month104.27%
12 Month30.1%
2 Year-25.56%
3 Year-89.89%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)53.57
LBB1.13
UBB1.38
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 |
|---|---|---|---|
| 1.39 | 1.25 | 0.14 (10.07%) | 9.93% |
| An entry @1.39. This is a Buy Stop order right above the resistance zone. | An exit @1.25. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 10.07%. | When investing 9.93% 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 PASG. 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.
PASSAGE BIO INC
NASDAQ:PASG (5/2/2024, 4:37:51 PM)
After market: 1.4 +0.06 (+4.48%)1.34
-0.01 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.74%
1 Week9.84%
2 Weeks11.67%
1 Month-1.11%
3 Month31.37%
6 Month104.27%
12 Month30.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%8.14%
ATR Inc
Range Today0.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.38
10 Day Low1.1
20 Day High1.45
20 Day Low1.1
52 Week High1.79
52 Week Low0.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume72.34K
Volume Incr-5.5%
Vol(5)128.37K
Vol(50)353.10K