PAVMED INC (PAVM) Stock Technical Analysis
NASDAQ:PAVM - Nasdaq - US70387R4039 - Common Stock - Currency: USD
Taking everything into account, PAVM scores 0 out of 10 in our technical rating. PAVM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, PAVM is a bad performer in the overall market: 94% of all stocks are doing better.
PAVM is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 74% are performing better than PAVM.
PAVM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PAVM has a been trading in the 0.54 - 0.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, PAVM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.63. Right above this resistance zone may be a good entry point.
More info and screens
0.56
0.85
When analyzing the support we can see 2 important areas.
- Support @0.58 from a horizontal line in the weekly time frame.
- Support @0.57 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.63 to 0.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.69 from a horizontal line in the daily time frame.
- Resistance @0.75 from a trend line in the weekly time frame.
- Resistance @0.84 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for PAVM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PAVM is neutral. |
| ChartMill Relative Strength | 6.77 | NEGATIVE | PAVM has a low relative strength, it was outperformed by 93.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PAVM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAVM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PAVM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.64 | NEUTRAL | The RSI value for PAVM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PAVM has a positive trend. |
| Stochastics (14,3) | 58.14 | NEUTRAL | The Stochastics value for PAVM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.45 | HIGH VOLATILITY | The high ATR as a percentage value for PAVM suggests high volalility. |
| Average Directional Index/ADX (14) | 20.74 | NEUTRAL | The ADX value for PAVM suggests a possible start of a new 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)
0.6033
+0 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.55%
1 Week0.62%
2 Weeks0.65%
1 Month-1.48%
3 Month-15.35%
6 Month-7.54%
12 Month-40.49%
2 Year-89.33%
3 Year-96.69%
5 Year-97.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.45%
ATR Inc-26.5%
Range Today0.02
ADR(20)0.03
ADR(20)%5.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.77
Mansfield-3.29
10 Day High0.62
10 Day Low0.54
20 Day High0.64
20 Day Low0.54
52 Week High1.9
52 Week Low0.54
CS1 End0.58
CR1 Start0.63
Volume & EV
DER(3)-1%
DER(5)-3.62%
Volume87.73K
Volume Incr-34.67%
Vol(5)88.77K
Vol(50)172.03K