We assign a technical rating of 10 out of 10 to PBYI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PBYI is showing a nice and steady performance.
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
3.39
4 important support areas can be observed.
- Support @5.57 from a horizontal line in the daily time frame.
- A support zone ranging from 5.29 to 5.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.09 from a trend line in the daily time frame.
- Support @3.42 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.17 to 6.17. 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 | UP | POSITIVE | The long term trend for PBYI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PBYI is up. |
| ChartMill Relative Strength | 95.06 | POSITIVE | PBYI has a high relative strength, it outperformed 95.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PBYI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PBYI is above 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) | 61.54 | NEUTRAL | The RSI value for PBYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PBYI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.74 | NEUTRAL | The Stochastics value for PBYI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.9 | MEDIUM VOLATILITY | The ATR as a percentage value for PBYI suggests some volalility. |
| Average Directional Index/ADX (14) | 35.7 | POSITIVE | The high ADX value value for PBYI suggests a strong trend. |
5.95
-0.06 (-1%)
PUMA BIOTECHNOLOGY INC / PBYI FAQ
Can you provide the ChartMill technical rating for PUMA BIOTECHNOLOGY INC?
ChartMill assigns a technical rating of 10 / 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 61.5439. 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 positive.
What is the buy/sell signal for PBYI stock?
The buy/sell signal for PUMA BIOTECHNOLOGY INC (PBYI) is buy as both the short term and long term trends are positive.