PUMA BIOTECHNOLOGY INC (PBYI) Technical Analysis
NASDAQ:PBYI • US74587V1070
Taking everything into account, PBYI scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month PBYI has a been trading in the 5.50 - 7.68 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that PBYI is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by PBYI over the past year are nicely spread over this period.
- PBYI is one of the better performing stocks in the Biotechnology industry, it outperforms 74% of 519 stocks in the same industry.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- PBYI 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 PBYI is lagging the market slightly.
Although PBYI has an excellent technical rating, the quality of the presented setup is not ideal 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
3.55
We found 3 important support areas.
- A support zone ranging from 5.69 to 5.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.55 to 5.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.59 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.51 to 6.70. 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 PBYI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PBYI is down. |
| ChartMill Relative Strength | 91.45 | POSITIVE | PBYI has a high relative strength, it outperformed 91.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PBYI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PBYI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PBYI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.02 | NEUTRAL | The RSI value for PBYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests PBYI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.58 | NEUTRAL | The Stochastics value for PBYI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.29 | HIGH VOLATILITY | The high ATR as a percentage value for PBYI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.48 | POSITIVE | The high ADX value value for PBYI suggests a strong trend. |
PBYI Technicals: Chart, Performance Metrics, Trend & Indicators
6.22
+0.17 (+2.81%)
PUMA BIOTECHNOLOGY INC / PBYI FAQ
Can you provide the ChartMill technical rating for PUMA BIOTECHNOLOGY INC?
ChartMill assigns a technical rating of 7 / 10 to PBYI.
What is the current trend direction of PUMA BIOTECHNOLOGY INC (PBYI) stock?
The current trend direction for PUMA BIOTECHNOLOGY INC (PBYI) is Bullish.
What is the RSI signal for PBYI stock?
PUMA BIOTECHNOLOGY INC (PBYI) has an RSI value of 45.0228. This indicates that the stock is currently neutral.
What is the short term momentum for PBYI stock?
The short term momentum for PUMA BIOTECHNOLOGY INC (PBYI) is negative.
What is the buy/sell signal for PBYI stock?
The buy/sell signal for PUMA BIOTECHNOLOGY INC (PBYI) is hold as the short term and long term trends are mixed.