Taking everything into account, PBM scores 0 out of 10 in our technical rating. PBM'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than PBM.
- PBM is one of the lesser performing stocks in the Biotechnology industry. 92% of 525 stocks in the same industry do better.
- PBM 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 PBM has a been trading in the 0.61 - 1.47 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
- PBM has an average volume of 1730580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of PBM is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
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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 PBM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PBM is down. |
| ChartMill Relative Strength | 0.61 | NEGATIVE | PBM has a low relative strength, it was outperformed by 99.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PBM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PBM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PBM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.67 | NEUTRAL | The RSI value for PBM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PBM has a positive trend. |
| Stochastics (14,3) | 37.42 | NEUTRAL | The Stochastics value for PBM is a neutral value. |
| Average True Range in percent/ATR (20) | 13.44 | HIGH VOLATILITY | The high ATR as a percentage value for PBM suggests high volalility. |
| Average Directional Index/ADX (14) | 45.13 | POSITIVE | The high ADX value value for PBM suggests a strong trend. |
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+0.2 (+29.97%)
PSYENCE BIOMEDICAL LTD / PBM FAQ
Can you provide the ChartMill technical rating for PSYENCE BIOMEDICAL LTD?
ChartMill assigns a technical rating of 0 / 10 to PBM.
What is the trend direction for PBM stock?
The current trend direction for PSYENCE BIOMEDICAL LTD (PBM) is Bearish.
What is the RSI signal for PBM stock?
PSYENCE BIOMEDICAL LTD (PBM) has an RSI value of 40.6652. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PSYENCE BIOMEDICAL LTD?
The MACD indicator for PSYENCE BIOMEDICAL LTD (PBM) has a value of 0.0494385, indicating a bearish trend.