PUMA BIOTECHNOLOGY INC (PBYI) Stock Technical Analysis
NASDAQ:PBYI - Nasdaq - US74587V1070 - Common Stock - Currency: USD
Overall PBYI gets a technical rating of 7 out of 10. In the last year, PBYI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PBYI is part of the Biotechnology industry. There are 558 other stocks in this industry. PBYI outperforms 73% of them.
PBYI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PBYI is performing more or less in line with the market.
In the last month PBYI has a been trading in the 2.85 - 3.78 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, PBYI turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PBYI has an excellent technical rating, it does not offer a high 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
2.28
3.78
5 important support areas can be observed.
- A support zone ranging from 3.22 to 3.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.97 to 3.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.89 from a trend line in the daily time frame.
- Support @2.75 from a horizontal line in the daily time frame.
- Support @2.30 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.73 to 3.74. 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 | NEUTRAL | NEUTRAL | The long term trend for PBYI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PBYI is up. |
| ChartMill Relative Strength | 62.82 | NEUTRAL | PBYI is not amongst the best or worst performers 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) | 65.58 | NEUTRAL | The RSI value for PBYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PBYI has a positive trend. |
| Stochastics (14,3) | 89.3 | OVERBOUGHT | The high Stochastics value suggests PBYI may be overbought. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for PBYI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.2 | NEUTRAL | The ADX value for PBYI 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)
3.72
+0.07 (+1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.92%
1 Week13.41%
2 Weeks14.46%
1 Month21.17%
3 Month5.98%
6 Month19.23%
12 Month5.53%
2 Year5.38%
3 Year30.53%
5 Year-64.33%
10 Year-96.81%
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%5.83%
ATR Inc-26.97%
Range Today0.14
ADR(20)0.21
ADR(20)%5.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.82
Mansfield1.63
10 Day High3.78
10 Day Low3.14
20 Day High3.78
20 Day Low2.85
52 Week High4.13
52 Week Low2.23
CS1 End3.23
CR1 Start3.73
Volume & EV
DER(3)13.01%
DER(5)9.42%
Volume513.40K
Volume Incr84.96%
Vol(5)694.00K
Vol(50)366.48K