PASSAGE BIO INC (PASG) Stock Technical Analysis
NASDAQ:PASG - Nasdaq - US7027121000 - Common Stock - Currency: USD
Overall PASG gets a technical rating of 4 out of 10. In the past year, PASG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
91% of all other stocks performed better in the past year than PASG.
PASG is currently trading in the lower part 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month PASG has a been trading in the 0.26 - 0.52 range, which is quite wide. It is currently trading near the high of this range.
PASG is an average performer in the Biotechnology industry, it outperforms 40% of 558 stocks in the same industry.
PASG has an average technical rating and it also does not offer a high 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
0.45
0.83
We can see 3 important resistance areas.
- Resistance @0.50 from a horizontal line in the daily time frame.
- Resistance @0.74 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.81 to 0.82. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for PASG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PASG is up. |
| ChartMill Relative Strength | 9.6 | NEGATIVE | PASG has a low relative strength, it was outperformed by 90.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PASG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PASG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PASG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.7 | NEUTRAL | The RSI value for PASG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PASG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.27 | OVERBOUGHT | The high Stochastics value suggests PASG may be overbought. |
| Average True Range in percent/ATR (20) | 10.64 | HIGH VOLATILITY | The high ATR as a percentage value for PASG suggests high volalility. |
| Average Directional Index/ADX (14) | 28.23 | POSITIVE | The high ADX value value for PASG 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)
0.45
-0.03 (-6.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.83%
1 Week-0.38%
2 Weeks49.5%
1 Month31.39%
3 Month-2.17%
6 Month-41.94%
12 Month-62.03%
2 Year-52.19%
3 Year-80.93%
5 Year-98.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%10.64%
ATR Inc35.4%
Range Today0.05
ADR(20)0.05
ADR(20)%10.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.6
Mansfield-3.12
10 Day High0.52
10 Day Low0.31
20 Day High0.52
20 Day Low0.26
52 Week High1.33
52 Week Low0.26
CS1 EndN/A
CR1 Start0.5
Volume & EV
DER(3)-3.63%
DER(5)-6.89%
Volume251.70K
Volume Incr-37.33%
Vol(5)243.88K
Vol(50)274.69K