We assign a technical rating of 1 out of 10 to PASW. PASW performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of PASW is bad and it also does not present a 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
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When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 PASW is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PASW is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | PASW 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 PASW is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 21.69 | OVERSOLD | The low RSI value suggests PASW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PASW has a negative trend. |
| Stochastics (14,3) | 20.79 | NEUTRAL | The Stochastics value for PASW is a neutral value. |
| Average True Range in percent/ATR (20) | 13.31 | HIGH VOLATILITY | The high ATR as a percentage value for PASW suggests high volalility. |
| Average Directional Index/ADX (14) | 25.94 | POSITIVE | The high ADX value value for PASW suggests a strong trend. |
0.4661
-0.08 (-13.96%)
PING AN BIOMEDICAL CO LTD / PASW FAQ
Can you provide the ChartMill technical rating for PING AN BIOMEDICAL CO LTD?
ChartMill assigns a technical rating of 1 / 10 to PASW.
What is the current trend direction of PING AN BIOMEDICAL CO LTD (PASW) stock?
The current trend direction for PING AN BIOMEDICAL CO LTD (PASW) is Bullish.
What is the RSI signal for PASW stock?
PING AN BIOMEDICAL CO LTD (PASW) has an RSI value of 21.6853. This indicates that the stock is currently oversold.
What is the short term momentum for PING AN BIOMEDICAL CO LTD (PASW) stock?
The short term momentum for PING AN BIOMEDICAL CO LTD (PASW) is negative.
What is the buy/sell signal for PING AN BIOMEDICAL CO LTD (PASW) stock?
The buy/sell signal for PING AN BIOMEDICAL CO LTD (PASW) is hold as the short term and long term trends are mixed.